We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Wholesale reform

28 October 2019 By Liam Proud

Interim CEO Noel Quinn scrapped an 11% return on tangible equity target as pre-tax profit fell 12%. Ideas like offloading the French unit are easy, but he and Chairman Mark Tucker will have to think bigger to satisfy shareholders. The bad results make bolder plans easier to sell.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)