HSBC announced that CEO, John Flint, was leaving the bank after only 18 months in the role.
Questions:
- What issues is Europe’s biggest bank grappling with currently?
- What specific strategic reason does the Board give for his departure?
- What is the revenue risk that HSBC faces?
Source:
Reuters Staff. (2019). HSBC CEO John Flint leaves abruptly after only 18 months in role. Economic Times, August 5 (Retrievable online at https://economictimes.indiatimes.com/news/international/business/hsbc-ceo-john-flint-leaves-abruptly-after-only-18-months-in-role/articleshow/70530466.cms)