HSBC Keeps Net Open for New CEO

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HSBC Keeps Net Open for New CEO
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Unicredit boss Jean Pierre Mustier withdrew from talks about becoming HSBC's chief executive, but interim CEO Noel Quinn may still not get the job

HSBC Holdings PLC said it would continue looking for a new chief executive while it considers permanently appointing interim CEO Noel Quinn, after UniCredit SpA boss Jean Pierre Mustier withdrew from talks about the job.

HSBC’s board started looking for a new CEO last fall, after ousting former headJohn Flint and installing Mr. Quinn. He is the only internal candidate, the bank has said. Last week, HSBC Chairman Mark Tucker, who is leading the search, said the board intends to stick to a six to 12-month time frame it set...

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