HSBC Says Chief Executive Officer John Flint Steps Down

INSUBCONTINENT EXCLUSIVE:
British banking giant HSBC has said that CEO John Flint would step down, 18 months after he was appointed, paving the way for new leadership
to meet the bank's challenges as the latest results show net profits rose 18.6 per cent year-on-year in the first semester of 2019.The
$159 billion, the London- and Hong Kong-listed lender is worth more than Citigroup, even though its stock has fallen under Flint's
low-key style frustrated some, according to some people within the bank, and the board decided he had to go for HSBC to keep up and get
In an increasingly complex and challenging global environment, the board feels a change is needed to make the most of the opportunities
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