HSBC named Georges Elhedery its next chief executive officer starting September 2. Elhedery will replace Noel Quinn, who announced his surprise decision to retire from the London-headquartered bank back in April. HSBC’s choice of Elhedery as the new CEO continues the lender’s tradition of picking insiders to run the bank. Bloomberg’s Russell Ward reports.
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News post in July 17, 2024, 12:04 pm.
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