HSBC CEO Noel Quinn plans to retire

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

FILE - Group Chief Executive of HSBC, Noel Quinn, speaks during the Bloomberg Transition Finance Action Forum at the Plaza Hotel, on Sept. 19, 2023, in New York. HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post. HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post.

“Noel has had a long and distinguished 37-year career at the Bank and we are very grateful for his significant contribution to the Group over many years,” Chairman Mark Tucker said."He has driven both our transformation strategy and created a simpler, more focused business that delivers higher returns. The bank is in a strong position as it enters the next phase of development and growth.”

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