LONDON (Reuters) – HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd , to be the next chairman of Europe’s biggest bank, sources with direct knowledge of the matter said on Sunday. Gulliver will leave the bank in 2018, the Wall Street Journal reported on Sunday, citing a person familiar with the matter. (http://on.wsj.com/2mzqbhN) A spokeswoman for HSBC said the lender would nominate a chairman to replace Douglas Flint this year, as previously announced. Tucker took the helm of Hong Kong-based insurer AIA, formerly the Asian arm of U.S. insurer AIG, in 2010. Flint, 61, became chairman of HSBC in 2010 after serving as its finance director since 1995.

Source: Wall Street Journal March 12, 2017 19:44 UTC