HSBC chief executive John Flint ousted as bank seeks to 'meet challenges'

Pedro Gonçalves
HSBC chief executive John Flint ousted as bank seeks to 'meet challenges'

HSBC's chief executive officer John Flint has left after 18 months on the job in an abrupt move, after the bank's board said it needed a change to meet the "increasingly complex and challenging global environment" it faced. The bank said Flint had resigned "by mutual agreement with the board" and that it had appointed Noel Quinn, head of its commercial banking unit, as interim chief executive while it searches for a replacement. The departure follows better-than-expected second quarter...

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