Previous close | 0.5000 |
Open | 0.5000 |
Bid | 0.0000 |
Ask | 2.1500 |
Strike | 30.00 |
Expiry date | 2024-09-20 |
Day's range | 0.5000 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | 5 |
HSBC records a y/y increase in revenues in the first quarter of 2024.
Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. Top of Chairman Mark Tucker's CEO wishlist for replacing Quinn, who gave notice of his departure on Tuesday, should be someone who can galvanise the bank's 220,000-strong workforce to meet those goals in an uncertain global economy and amid rising tensions between East and West. "I'd expect the candidate would be someone with vast experience in Asian and Middle East markets, who is open minded on the bank's strategy and could re-consider the option of re-domicile HSBC's headquarters to Asia," said Simon Yuen, Hong Kong-based founder of Surich Asset Management.
HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post. Quinn has worked at HSBC since 1987. In 2021, HSBC said that it was closing its U.S. retail banking business in order to refocus its efforts on wealth management.