Published 17 days ago

HSBC chief executive unexpectedly steps down

HSBC's chief executive Noel Quinn is unexpectedly retiring after overseeing extensive asset sales globally during his five-year leadership. The bank has started the search for a new CEO.
Quinn, who took on the CEO role in 2020 and boosted the bank's shares by around 30%, cites a need for a better work-life balance after an intense five-year stint.
Noel Quinn will continue as CEO until the new successor begins and has agreed to assist with the transition until his notice period ends on April 30, 2025.

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BBC News

HSBC chief executive Noel Quinn unexpectedly steps down

17 days ago·United Kingdom

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The Guardian

HSBC chief Noel Quinn to step down after ‘intense’ five years

Bank says it has started search for a successor as it reports quarterly profits beat forecastsBusiness live – latest coverageThe chief executive of HSBC, Noel Quinn, is unexpectedly stepping down after an “intense” five years in the role, as the bank reported better-than-expected profits.Europe’s largest bank has kicked off a search for a successor and said Quinn, 62, will stay in the post until a new chief executive is found. He joined the bank…

17 days ago·London, United Kingdom

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Reuters

HSBC Chief Executive Quinn announces surprise retirement

HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe.

17 days ago·United Kingdom

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Associated Press News

HSBC CEO Noel Quinn plans to retire - Seymour Tribune

HSBC, Europe’s largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post. “After an intense five years, it is now the right time for me to get a better balance between my personal and business life. I intend to pursue a portfolio career going forward,” Quinn said in a statement on Tuesday. Quinn has worked at HSBC since 1987. As CEO, he helped with the sale of its Canada and Argentina operations and overs…

17 days ago·United States

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abc News

HSBC CEO Noel Quinn plans to retire

HSBC, Europe’s largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post

17 days ago·United States

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South China Morning Post

HSBC boss Noel Quinn steps down as bank’s first-quarter profit beats estimates

Quinn said it was the ‘right time’ to look for a better work-life balance as the lender’s net profit slipped 1 per cent from a year ago to US$10.2 billion, surpassing the US$9.24 billion profit expected by analysts polled by Bloomberg.

17 days ago·Hong Kong

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