HSBC sacks CEO in bid to speed up recovery in US

White HSBC has ousted John Flint as chief executive after just 18 months. Mark Tucker, the chairman of Europe’s biggest bank, said this was needed to hasten progress on priority areas, such as the turnaround of its US business.

HSBC sacks CEO in bid to speed up recovery in US

By Sumeet Chatterjee and Lawrence

HSBC has ousted John Flint as chief executive after just 18 months. Mark Tucker, the chairman of Europe’s biggest bank, said this was needed to hasten progress on priority areas, such as the turnaround of its US business.

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