Wanted: Megabank chief willing to work for half pay

The bank has 42 million customers in 62 countries and territories. (Image: Supplied)

Sun, 05 May 2024

By Josh MitchellHelp wanted: Someone to oversee US$3 trillion (NZ$5.6tn) in assets and 221,000 workers. Must be worldly, willing to travel constantly, knowledgeable about Chinese politics and able to deal with a demanding boss.Salary: Half of what you would make in the US.HSBC, one of the world’s largest banks, is looking for a new chief executive. Its current CEO, Noel Quinn, surprised markets last Tuesday when he said he would retire soon, once a successor is named.Quinn, aged 62, has been in the role for just under five years and is le...

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