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...Tucker stuck with the tradition of promoting from within the lender’s walls, handpicking HSBC “lifer” John Flint in 2018. Tucker ousted him just 18 months after Flint took the top job....
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...But Sir John Vickers, who chaired a commission on the UK banking sector after the 2008 financial crisis, said: “Losses on bonds or fixed-rate mortgages when interest rates go up are not just ‘paper losses...
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