Hunt on for new HSBC CEO after Flint is ousted

摘要

HSBC last week ousted its chief executive John Flint after only 18 months in the job and said it will cut thousands of jobs, surprising investors and showing the bank wants to speed up cost cuts in a challenging environment. It leaves vacant one of the biggest jobs in global banking, running a complex firm worth US$155bn, with 238,000 staff and a presence in 65 countries and territories.