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

6 months ago 36

Bank says it has started search for a successor as it reports quarterly profits beat forecasts

The 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 in 1987.

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