In 2017, the board of HSBC made a landmark, even radical, decision: they appointed an outsider as Chairman. Having installed Mark Tucker in the role, they were obliged to appoint an HSBC lifer as Group CEO. Having two outsiders with little knowledge of the sprawling beast that is HSBC would have been a risk too […]

HSBC, Where’s the Love?

Since the financial crisis of 2008/2009 and the subsequent revelation of various misdeeds, money laundering, bad sales practices, dodgy private banking, for example, the reputation of HSBC has suffered.