HSBC Appoints Nelson as New Chair to Replace Tucker
HSBC Holdings Plc unexpectedly appointed Brendan Nelson as its next chair, replacing hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade. The decision...
By Bloomberg Markets · Bloomberg Markets
HSBC Holdings Plc unexpectedly appointed Brendan Nelson as its next chair, replacing hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade. The decision follows a “process that considered both internal and external candidates,” the London-headquartered bank said in a statement on Wednesday. Bloomberg’s Tom Metcalf reports.