HSBC Holdings plc (HSBC) has released an update.
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HSBC Holdings has announced the retirement of Group Chief Executive Noel Quinn, who has been credited with leading a successful transformation resulting in record profits and strong returns. Quinn, who joined HSBC 37 years ago, will remain in his role until a successor is appointed to ensure a smooth transition. The company’s board is now actively searching for Quinn’s replacement, considering both internal and external candidates.
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