HSBC chief Noel Quinn to step down after ‘intense’ five years
by Julia Kollewe from World news | The Guardian on (#6MEW5)
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. It is looking at both internal and external candidates. Quinn is an HSBC veteran who joined the bank in 1987.
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