HSBC Chief Readies for Thai Floods as Expats Flee Bangkok
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Matthew Lobner, head of Thai operations for HSBC Holdings Plc, lugged his furniture upstairs and moved his wife and three children near his office in downtown Bangkok to escape floodwaters on the city’s outskirts.
Lobner, drawing on his eight years as a naval submarine officer, stored enough food and water to last a month, along with a Nintendo Wii to keep his kids entertained. Europe’s biggest bank is giving all local employees the option of moving their families from areas threatened by flooding, he said.