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Stock impact report

Wanted: Megabank Chief Willing to Work for Half Pay [Yahoo! Finance]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Yahoo! Finance
Most Read from The Wall Street Journal Dear Columbia Students, Divestment From Israel Won't Work Amazon Sales Surge as Company Focuses on AI Fed to Signal It Has Stomach to Keep Rates High for Longer Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains Walmart Takes On Trader Joe's and Whole Foods With New Premium Brand Salary: Half of what you would make in the U.S. HSBC, one of the world's largest banks, is looking for a new chief executive. Its current CEO, Noel Quinn, surprised markets Tuesday when he said he would retire soon , once a successor is named. Quinn, 62 years old, has been in the role for just under five years and is leaving after a year of robust profits and a 21% rise in HSBC's London-listed stock price Quinn hinted at the unique demands of the job when he described how, over Christmas, he longed to work a bit less and have more time for his family. One factor that influenced Quinn's decision to retire now was the desire to Show less Read more
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