Telegraph - Ex-Goldman guy now a contender for HSBC CEO role

A former Goldman Sachs financier who has shaken up HSBC’s investment bank has emerged as a contender to become the next boss of Europe’s biggest lender.

The Telegraph reports that Matthew Westerman is increasingly viewed in City circles as a challenger to succeed Stuart Gulliver when the chief executive steps down from the helm of HSBC next year.

It would be a meteoric rise for Mr Westerman at HSBC. He was only poached from Goldman in February last year, after 16 years, at the Wall Street giant. However, as co-head of global banking, the Briton has already made a major impact at the bank.

Westerman has overhauled its investment bank, cutting some top financiers and revamping the division to snatch business from ­European rivals.

Hit the link below to access the complete Telegraph article:

Westerman in the frame to be next chief executive at HSBC

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