HSBC to Name New CEO by July, Bloomberg Reports
--HSBC Holdings could soon disclose who will take the helm of the London-listed bank, succeeding Noel Quinn who is retiring, Bloomberg reported, citing unnamed sources close to the selection process.
--The sources told Bloomberg a successor could be announced before the bank's half-year results at the end of July.
--Chief Financial Officer Georges Elhedery and global wealth and personal banking boss Nuno Matos are among the candidates being considered for the role, according to Bloomberg.
--The bank said it is conducting a robust and rigorous process to find its next chief executive and will consider internal and external candidates, Bloomberg reports, citing an HSBC spokesperson.
--HSBC wasn't immediately available for further comment.
Full story: https://tinyurl.com/4s6bb7jz
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
May 31, 2024 07:34 ET (11:34 GMT)
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