Noel Quinn
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 63 |
| Born | England |
| United Kingdom | |
| Spous | Married |
| Titl | HSBC |
| Education | Birmingham City University |
| Predecessor | John Flint |
| Date of birth | January 1,1961 |
| Children | 3 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 3309279 |
Noel Quinn Life story
Noel Paul Quinn is a British banking businessman who has been the chief executive of HSBC since March 2020, having succeeded John Flint. He initially assumed the role on an interim basis in August 2019.
Higher interest rates help to more than double HSBC profits
... " We have had three consecutive quarters of strong financial performance" group chief executive Noel Quinn said in a statement...
HSBC profit more than doubles as interest rates rise
... " There was good broad-based profit generation around the world, higher revenue in our global businesses driven by strong net interest income, and continued tight cost control, " HSBC chief executive Noel Quinn said in statement...
HSBC to leave Canary Wharf tower for new world headquarters
... Chief executive Noel Quinn said he thought going to the office five days a week was " unnecessary" and its managers were often travelling to locations around the world during the week...
Silicon Valley Bank: HSBC says UK buyout boosted profit by $1. 5bn
... " We remain focused on continuing to improve our performance and maintaining tight cost discipline, but we also saw an opportunity to invest in SVB UK to accelerate our growth plans, " group chief executive Noel Quinn said...
Banking giant HSBC sees quarterly profit almost double
... "2022 was another good year for HSBC, " chief executive Noel Quinn said...
HSBC banker quits after 'nut job' climate speech
... Following Mr Kirk s speech, the bank s group chief executive Noel Quinn said he did not agree " at all" with his remarks, adding they were " they are inconsistent with HSBC s strategy and do not reflect the views of the senior leadership of HSBC or HSBC Asset Management"...
Banking giant HSBC sees quarterly profit almost double
By Annabelle Liang and Peter HoskinsBusiness reporters
Banking giant HSBC says its quarterly profit has almost doubled, boosted by rising interest rates around The World .
The London-based firm reported profit before tax of $5. 2bn (£4. 3bn) for The Last three months of 2022, up 92% from the same time a year earlier.
However, pre-tax profit for the year as a whole fell by $1. 4bn to $17. 5bn, as it absorbs the cost of selling its French retail banking operations.
HSBC is also in The Process of selling its business in Canada.
The Bank said it planned to use The Money raised from that sale to make payouts to shareholders once The Deal is completed.
"2022 was another good year for HSBC, " chief executive Noel Quinn said. " We Are on track to deliver higher returns in 2023, " he added.
In June 2021, The Firm agreed to sell its French retail bank, ending its long struggle to offload The Business as it focuses on Asia.
HSBC now expects to take a $2. 4bn hit to its profits related to that disposal.
In November, HSBC said it had agreed to sell its banking operations in Canada to The Royal Bank of Canada.
The Deal , which was valued at 13. 5 billion Canadian dollars ($10bn; £8. 3bn), is expected to be completed this year.
HSBC has been selling businesses as it faces pressure from its biggest shareholder, the Chinese insurance giant Ping An.
Since November Last Year Ping An has been publicly calling for HSBC to split off its business in Asia to increase profits.
HSBC has also been shedding jobs in recent years to help cut costs.
In November, as customers using them had fallen significantly since the pandemic.
The Bank said it would try to find jobs in other parts of The Business for the staff affected but warned that around 100 people would be laid off.
This followed announcements of other and 2022.
On Tuesday, Mr Quinn also hinted at more job cuts ahead: " There will be no easing off at all on costs, " He Said .
" We Are now considering up to $300m of additional costs for severance in 2023, " he added.
You may also be interested in: Related TopicsSource of news: bbc.com
Noel Quinn Photos
