05-08-2019 20:15 via theguardian.com

HSBC chair Mark Turner's decision to oust CEO may lead to backlash

Expelling popular insider John Flint might have shaken up bank’s cosy atmosphereMark Tucker, chairman of HSBC, has a reputation for moving quickly and being a plain speaker. In ousting chief executive John Flint, who only got the job 18 months ago, he has lived up to the speed part. But what happened to the famed blunt rhetoric?Shareholders deserved better than a statement that said nothing of substance to explain the cull. A change of boss is needed “in the increasingly complex and
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