Flint eases home in smooth succession race
The appointment this week of John Flint as chief executive of HSBC carried none of the drama and internecine rivalry that marked the elevation of his predecessor Stuart Gulliver six years ago, but could have implications for the future leadership of the firm’s global banking and markets division.
Flint, who currently runs retail banking and wealth management, was the long-term favourite to land the job and his appointment suggests that the bank’s board and shareholders believe the bank is heading in the right direction with a tried and tested strategy.
That’s testimony to
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