HSBC CEO to Step Down

By 500 Internal Server Error

Error 500 Internal Server Error

Internal Server Error

Guru Meditation:

XID: 204243023


Varnish cache server

Chief executive Michael Geoghegan will be departing HSBC at the end of the year, according to the Financial Times, with Stuart Gulliver, head of the group’s investment bank, taking over his position. Also, the company's CFO, Douglas Flint, will be taking over as chairman. All this shifting comes after “two weeks of jostling for the [CEO] position among board members.” [DealBook/NYT]