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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Geopolitical tensions and Covid crisis: tightrope walk on China and Trump facing new HSBC boss

Noel Quinn.
HSBC’s CEO Noel Quinn is standing down after five years in the job Photograph: Roger Harris/HSBC Holdings/AFP/Getty Images

HSBC’s chief executive, Noel Quinn, is seen by many as ending his five-year tenure on a high note. The 62-year-old stunned the banking world this week by saying he planned to retire after an “intense” five years in the role to get a better work-life balance.

Quinn has slimmed down a sprawling global bank, paid out $19bn (£15bn) to shareholders last year and successfully staved off calls to break up the lender.

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