Noel Quinn Archives - The Industry Spread

HSBC London Initiates Massive Job Cuts Following CEO’s Departure

October 8, 2019

UK-based multinational banking, investment and financial services provider HSBC initiates its previously announced job cuts in the London branch. According to the updates released by the firm so far, the year ahead will see a reduction of total headcount in the firm by nearly 4% which in simple terms would translate to nearly 10000 jobs.

Noel Quinn Appointed as Interim CEO of HSBC Holdings as John Flint Resigns from the Firm

August 6, 2019

UK based multinational banking service provider HSBC holdings plc made an announcement recently stating that the group’s Chief Executive Officer John Flint is resigning from the firm in just 16 months after taking up the role as CEO. According to a statement released by the firm, this decision was made by John in a mutual agreement with the board members of the banking group. Flint took up the role as Chief Executive Officer of the group back in February of 2018 to succeed then group’s Chief Executive Officer Stuart Gulliver and also took up the role of Executive Director along with his responsibilities as CEO.