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HSBC CEO Quinn to retire, says bank at "transition point" ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
HSBC has announced 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. ....
HONG KONG (Reuters) -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. Quinn, 62, has restored momentum to the bank's profit and share price by getting rid of or slashing in size underperforming businesses, including the lender's retail banking businesses in the U.S. and France, its entire Canadian subsidiary and units in smaller markets such as Argentina. HSBC's shares, which have gained roughly 30% during his tenure, rose about 1.3% and touched a nine-month high in the afternoon session in Hong Kong. ....
HSBC CEO Noel Quinn unexpectedly steps down from his role thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.