BREAKINGVIEWS-HSBC chair hunt nears predictably subpar endgame
By Liam Proud
LONDON, Dec 1 (Reuters Breakingviews) - The $240 bln Asia-focused bank is hearing pitches from former UK finance minister George Osborne and Goldman's Kevin Sneader, the FT reported. Neither has the requisite blend of banking and political nous to lead the board. The deeper issue, though, is that probably no one does.
Full view will be published shortly.
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CONTEXT NEWS
HSBC's board will hear pitches from two chair candidates in the week beginning December 1, the Financial Times reported on December 1.
The two would-be heads of the board are former UK finance minister George Osborne and Kevin Sneader, who is currently president of Goldman Sachs's Asia business outside of Japan and who used to run the consultancy firm McKinsey.
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