HSBC Hastens Search to Find Next Chairman as Tucker’s Exit Nears

With the clock ticking in the hunt for HSBC Holdings Plc’s next chairman, Europe’s largest bank is speeding its efforts to assemble a list of candidates for the role.

Chairman Mark Tucker’s announcement last week that he would leave HSBC in September to take on a non-executive chairman role at AIA Group Ltd. came as a surprise to some of his fellow board members, who thought they’d have more time to find his replacement, according to people familiar with the matter.