HSBC to choose next chairman from external candidates

Future replacement for Douglas Flint, who faced questions from MPs about the bank’s Swiss activities last week, will come from outside the organisation HSBC is to appoint its next chairman from outside its existing management team in a move that…

Source: www.theguardian.com

The way HSBC’s Swiss bank operated has been exposed at a sensitive time, just weeks before the general election and in the midst of the annual bonus season for banks. Gulliver received £7.6m in 2014, HSBC said last week…

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