What to watch: HSBC boss out, FTSE falls, Ocado and Just Eat deals
Here are the top business, market and economic stories you should be watching today in the UK, Europe, and abroad:. In an unexpected announcement as the the bank unveiled its interim results, HSBC said in a statement that Flint would be leaving the lender "by mutual agreement with the board." Flint has a 12-month notice period, but will stop his day-to-day responsibilities at group and help HSBC in the transition to find a replacement. Shares in Ocado (OCDO.L) were down 4.5% and Marks and Spencer (MKS.L) were down 6.3% after the companies sealed the deal on their joint venture.