HSBC’s Cowper-Coles to Exit After Criticizing UK Stance on China
- Head of public affairs is set to leave UK lender next month
- Former diplomat had apologized for calling UK ‘weak’ at event
This article is for subscribers only.
HSBC Holdings Plc’s head of public affairs is set to step down shortly after making controversial comments about the British government’s handling of its relationship with China.
Sherard Cowper-Coles will leave the UK lender next month, a person familiar with the matter said, asking not to be identified discussing internal developments. The executive had worked at HSBC for a decade, joining the bank in 2013 initially as a senior adviser to the group’s top brass before heading its global public affairs unit.