John Thornton, the former boss of Goldman Sachs, is resigning as a non-executive director of HSBC before the bank's annual general meeting on Friday, citing his "expanded responsibilities" at other businesses where he has senior roles.
HSBC is one of the largest banking and financial services organisations in the world.
Register for Financial Markets News Alerts
Trending HSBC Stories
The future's bright, the future's job cuts. That wasn't how HSBC put it, but you get the gist.
Even more ?
Drip, drip, drip.
Each year thousands of graduates / MBAs find work in the financial markets. All start at (or near) the bottom of the ladder, and hope that one day they will make it big. Few do. And those who eventually achieve success usually face a relatively long wait. Not so one young man who, at 23, just might be the youngest VP ever to attain that position in a major investment bank.