HSBC Announces Strong First Quarter Results and Upcoming Leadership Change

Tuesday, 30 April 2024, 04:18

HSBC reported better-than-expected first quarter earnings, leading to the approval of a first interim dividend of 10 cents per share along with a special dividend of 21 cents per share. The news also includes the announcement of Group CEO Noel Quinn's retirement, signaling a leadership change within the organization.
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HSBC Announces Strong First Quarter Results and Upcoming Leadership Change

HSBC Exceeds Expectations with First Quarter Earnings

HSBC has revealed strong financial performance for the first quarter, surpassing analysts' estimates.

Dividend Declarations

  • The approval of a first interim dividend of 10 cents per share has been confirmed by the board.
  • A special dividend of 10 cents per share has also been announced, indicating the company's robust financial position.

Group CEO Noel Quinn's Retirement

Noel Quinn is set to retire from his position, marking a significant leadership transition at HSBC.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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