HSBC Holdings’ (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
SocGen Hong Kong traders left bank after unauthorised bets uncovered, source says
PARIS, April 30 (Reuters) - Two Hong Kong-based traders at Societe Generale (SOGN.PA) , opens new tab left the French bank late last year after the group uncovered a string of unauthorised bets made ...
Deal Analysis: Lianlian Digitech’s HK$657.15m IPO
While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules.
Hong Kong’s negative equity mortgage cases rise to 20-year high
Cases of negative equity in Hong Kong's residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city's de facto central bank said. Hong Kong's ...
HSBC CEO announces surprise retirement
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.
HSBC Chief Quinn, architect of sweeping overhaul, 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. The ...
Hong Kong stocks are back from the dead. Here’s why
Hong Kong’s benchmark Hang Seng Index has surged more than 7% in April as the best-performing major index in the world. It’s now heading into a bull market, rebounding nearly 20% from its January low.
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.The ...
HSBC announces CEO Quinn’s retirement, first-quarter profit drops 1.8%
By Selena Li and Lawrence White HONG KONG (Reuters) -HSBC Chief Executive Noel Quinn will retire, it said on Tuesday, in a surprise departure from the bank that he has overhauled in the past five ...
HSBC boss Quinn to depart after ‘intense’ five years as profits ease
Shares were flat in Hong Kong in the wake of HSBC's announcements which included a rise in the pace of share buybacks despite the weaker profits performance.
HSBC chief Noel Quinn unexpectedly steps down after nearly five years
HSBC has unexpectedly announced that its group chief executive Noel Quinn will retire after almost five years in the role and has started searching for a successor to lead Europe's largest bank.
HSBC Says Chief Executive Noel Quinn ‘To Retire’
Banking giant HSBC said Tuesday that chief executive Noel Quinn would retire after overseeing a "successful transformation" of the firm and record profits during almost five years in charge.
HSBC boss to step down unexpectedly
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until the bank finds a successor, with Europe’s largest bank considering ...
HK bankers earn more than city-state peers
SINGAPORE: Hong Kong bankers enjoyed higher base salaries and bonuses in 2023 compared with their peers in Singapore, some of whom suffered the harshest cuts in the Asia-Pacific.