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Hsbc Announces Retirement of CEO Quinn and Possible Successor

PUBLIC · HSBCApr 30, 2024•about 2 years ago

Position

Chief Executive Officer

Company

Hsbc

Georges Elhedery
LondonFinancial ServicesFinanceLendingBanking

Description

HSBC has announced the retirement of CEO Quinn and the drop in first-quarter profit. The bank has launched a formal process to find a successor, with Chief Financial Officer Georges Elhedery likely the leading internal candidate for the job.

Company Information

Company

Hsbc

Location

London, England, United Kingdom

About

Hsbc is one of the world’s largest financial services organisations and serve more than 41 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to connect customers with opportunities across the world.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.