HSBC, Europe's largest bank, is seeking a new chairman to replace Mark Tucker, amid US-China tensions.

HSBC, Europe's largest bank, is beginning the search for a new chairman to replace Mark Tucker, who has held the role since 2017. The bank plans to appoint a successor ahead of its annual meeting in spring 2026, with the recruitment process potentially leading to Tucker's earlier departure. HSBC, with significant ties to both China and the US, faces challenges due to rising tensions between the two countries.

November 30, 2024
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