HSBC misses Q4 estimates as Gulliver hands over CEO baton to Flint

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.

"The results were decent enough, but nothing earth-shattering," said Hugh Young, head of Asia at Standard Life Aberdeen Plc,…