Previous close | 42.18 |
Open | 44.05 |
Bid | 44.14 x 900 |
Ask | 44.15 x 800 |
Day's range | 43.84 - 44.23 |
52-week range | 35.30 - 44.23 |
Volume | |
Avg. volume | 2,220,237 |
Market cap | 165.967B |
Beta (5Y monthly) | 0.58 |
PE ratio (TTM) | 7.71 |
EPS (TTM) | 5.70 |
Earnings date | N/A |
Forward dividend & yield | 3.05 (7.22%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | 49.99 |
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.
HSBC chief executive Noel Quinn is unexpectedly stepping down after five years, triggering a search for a successor at one of the biggest banks in the world.
Global bank HSBC announced Tuesday the shock departure of chief executive Neil Quinn, who will retire after overhauling the group in an "intense" five-year tenure weathering a Covid fallout, simmering geopolitics, and shareholder pressure to spin off Asia assets.Quinn led last year the effort to repel a bid by major shareholder Ping An to spin off its Asia assets, with the proposal eventually voted down by shareholders.