London Puts BCP to the Test
FRONT PAGE: CONTINUITY AND RECOVERY
LONDON—Large financial institutions with business continuity plans could benefit from their global presence when faced with national disasters or terrorists attacks.
That was a key lesson learned from last week's business continuity exercise organized by the U.K. Financial Services Authority (FSA), say participants. A case in point is HSBC, which was able to use its offices in New York and Asia to offset the consequences of a total staff evacuation in its London headquarters, say officials at the
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