AJ Bell said in a market review that the news that HSBC changed its interim chairman, Liebert, to an official appointment seemed a bit lackluster. Former UK Chancellor of the Exchequer George Osborne and Goldman Sachs Asia Business Director Schnander were considered candidates for the position, so the announcement was quite surprising — and just a day before the announcement, the HSBC CEO had stated that Libert did not want to serve a full term of six to nine years as chairman. Analyst Dan Coatsworth said, “Some might read between the lines that this is actually still a short-term appointment until HSBC finds a more well-known candidate with more direct banking experience. “HSBC's London shares fell 1%.

AJ Bell said in a market review that the news that HSBC changed its interim chairman, Liebert, to an official appointment seemed a bit lackluster. Former UK Chancellor of the Exchequer George Osborne and Goldman Sachs Asia Business Director Schnander were considered candidates for the position, so the announcement was quite surprising — and just a day before the announcement, the HSBC CEO had stated that Libert did not want to serve a full term of six to nine years as chairman. Analyst Dan Coatsworth said, “Some might read between the lines that this is actually still a short-term appointment until HSBC finds a more well-known candidate with more direct banking experience. “HSBC's London shares fell 1%.