HONG KONG/LONDON: HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging global environment".
Flint's exit, which a person familiar with the matter said was a result of differences over execution of his strategy, was disclosed early on Monday along with HSBC's half-yearly results which had been scheduled for release later in the day.
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