Overhead Reduction news and trends

HSBC Axes CEO Flint In Effort To Speed Growth

August 05, 2019
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HSBC Axes CEO Flint In Effort To Speed Growth

August 05, 2019
In fewer than 18 months, HSBC’s chief executive officer John Flint is out, The Financial Times reported on Monday (Aug. 5). The surprise move is the result of differences over Flint’s strategy, someone familiar with the matter told the FT. Flint was less aggressive when it came to revenue targets and overhead reduction, the anonymous […]