chief executive

HSBC profits surge as CEO departs

LONDON: Profits at HSBC surged during 2017, in part thanks to a strong Asian performance, the global banking giant said on Tuesday (Feb 20) as it looks to the future without long-serving chief executive Stuart Gulliver. Net profit ballooned to US$9.7 billion (€7.9 billion) last year, from US$1.3...