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HSBC misses Q4 estimates as Gulliver hands over CEO baton to Flint
It took losses from two high-profile corporate fallouts and posted a sharp decline in trading income at its investment bank
Add BT as a preferred sourcePublished Tue, Feb 20, 2018 · 09:50 PM
London
STUART Gulliver's final set of results at HSBC Holdings Plc weren't quite the swansong he'd hoped for as he hands the reins over to his long-term lieutenant, John Flint.
Europe's largest bank missed estimates for fourth-quarter revenue and profit as it became the latest firm to take losses from two high-profile corporate fallouts and post a sharp decline in trading income at its investment bank, the lender said on Tuesday.
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