HSBC in talks to appoint AIA’s Tucker as chairman

HSBC is in advanced talks to appoint Mark Tucker, head of Asian life insurer AIA , as chairman in a move that would break with the bank’s tradition of promoting insiders to top jobs. The plan to hire Mr Tucker, which has been approved by regulators in the UK and Hong Kong, is still conditional on whether an agreement can be finalised between the two sides, according to people briefed on the matter.