HSBC's Top China Executive Resigns, Capping Week of Turmoil

  • Helen Wong departs after 27 years for opportunity outside bank
  • CEO Flint was ousted earlier this week as bank cuts more costs

Helen Wong

Photographer: Jerome Favre/Bloomberg

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The head of HSBC Holdings Plc’s key China business resigned, the latest senior management change in a week that saw Europe’s largest lender oust its top executive.

Helen Wong announced her departure as head of Greater China in July to pursue another opportunity, and this is her last day at the bank, spokeswoman Maggie Cheung said Friday. Wong, one of the bank’s most senior women, had been in the role for about four years and worked at HSBC since 1992.