An executive shuffle and a layoff of thousands of staff members are underway at HSBC Holdings plc as volatile market conditions have compelled the firm to rein in spending while searching for a way forward. Over the past week, the bank announced that John Flint, group CEO and a board director, will be stepping down… Read More >>
HSBC Shuffles Executive Lineup for 2018
Stuart Gulliver to Retire February 2018 HSBC Holdings plc reports that John Flint, 49, chief executive of retail banking and wealth management, will succeed Stuart Gulliver as executive director and group chief executive, following Gulliver’s retirement in February 2018. Flint’s remuneration in his new post will consist of a “base salary of £1,200,000 per annum… Read More >>
