The chief executive of HSBC has stepped down after the bank said it needed a change in leadership to address a challenging global environment. John Flint is giving up the role he has held for a year and a half by mutual agreement with the board.
Banking giant HSBC has named John Flint, current head of retail banking and wealth management, as its new boss. Mr Flint, who takes over from outgoing chief executive Stuart Gulliver, will start his new role next February.