‘Challenging’ environment prompts Flint exit from HSBC

John Flint quit his position as CEO of HSBC on Monday after less than two years in the job, as the bank warned of difficult global conditions in its second quarter results. The bank’s chair Mark Tucker implied the desire for change related to a problem with Flint’s execution of the bank’s strategy, rather than the strategy itself, but the departure has also raised questions about HSBC’s Chinese operations.

  • By Jasper Cox
  • 05 Aug 2019

While the board looks for an internal or external candidate to replace Flint, Noel Quinn will become interim group chief executive. Quinn has been chief executive of global commercial banking since 2015.

Flint will no longer carry out day-to-day duties as CEO from Tuesday, but is available to ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 260,264.52 1167 8.49%
2 Citi 237,013.77 993 7.73%
3 Bank of America Merrill Lynch 202,540.22 831 6.61%
4 Barclays 188,016.56 770 6.13%
5 Goldman Sachs 147,310.58 610 4.81%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,872.91 136 7.74%
2 Credit Agricole CIB 27,567.28 117 6.69%
3 JPMorgan 23,570.89 63 5.72%
4 Bank of America Merrill Lynch 23,072.58 63 5.60%
5 UniCredit 20,250.58 112 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,331.89 50 10.24%
2 Morgan Stanley 7,744.92 38 9.52%
3 Goldman Sachs 7,137.50 38 8.77%
4 Citi 5,856.44 44 7.20%
5 UBS 4,823.67 25 5.93%