HSBC’s Europe CEO Andrew Wild to Step Down for Family Reasons

HSBC Holdings Plc said its chief executive officer for continental Europe, Andrew Wild, will step down from the role at the end of the year for family reasons.

The executive’s deputy, Christopher Davies, will fill in for him as the interim CEO after Wild’s departure on Dec. 31, according to a statement on Thursday. The British lender didn’t elaborate.

Wild “leaves the business in a strong position for future growth,” after helping turn around underlying profitability, HSBC said. “Continental Europe remains a critical market within HSBC’s international network and a key element of its growth strategy,” it added. ...