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March 20, 2015

HSBC’s Flint Odds-On to Be Next U.K. Bank Chief to Exit in 2015

(Bloomberg) — With Standard Chartered Plc Chief Executive Officer Peter Sands on his way out, the money is on HSBC Holdings Plc Chairman Douglas Flint to resign.

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“The tone at the top is set by the chairman and the board,” Robert Jenkins, a former member of the Bank of England Financial Policy Committee, wrote in the Financial Times earlier this month. “For the good of his own reputation as well as that of his institution and British banking, Mr Flint should go.”

Read the full Bloomberg article by Stephen Morris here.

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