Banking
Noel Quinn triggers scramble for top job at HSBC with unexpected departure
The British banker said he felt the time to step down was right after what he described as an intense few years
Noel Quinn, the chief executive at HSBC, unexpectedly announced that he is to step down after close to five years in the role.
Quinn’s forthcoming departure from Europe’s largest bank took the market by surprise on Tuesday and set in motion the search for his replacement.
The board has begun a formal process to find a successor, considering both internal and external candidates, according to a statement from the bank. Quinn will stay on during ...
