A minor earthquake at HSBC: The bank has appointed its first outsider as chairman.
Given that the new man is Mark Tucker, there may be a few more of those shaking the halls of that institution before very much longer.
The hard charging Mr Tucker is one of those people who have had a succession of senior jobs, any one of which would have been the highlight of a career for anyone else.
Most recently, he’s been chief executive of Asian insurance giant AIA. Before that he was the boss of the Prudential, another very grand, and conservative British company that, like HSBC,