Extraordinary times require extraordinary measures. Just 18 months into the job, John Flint has stepped down as CEO of HSBC Holdings Plc. It may be time for this lumbering giant to turn to an outsider rather than the homegrown veterans that the bank has typically chosen as its leaders. Flint was cut from the same cloth as his predecessors, having ...

It didn’t take long for the Donald Trump tweet. That you can get more than 7 Chinese yuan to the dollar for the first time since 2008 was always going to be a red rag to the White House bull in the escalating economic battle between Washington and China. The president tweeted — inevitably — that Beijing was a currency ...

After a messy selection process, the European Union’s finance ministers have picked Kristalina Georgieva as their candidate to lead the International Monetary Fund (IMF). The Bulgarian economist, currently chief executive of the World Bank, has suitable credentials but it would be wrong of the IMF board to rubber stamp her nomination just because a European has always held the post. ...