• HSBC
• investment banking
• Noel Quinn
• retail banking
• shareholders
• strategic retrenchment

HSBC Investors Back CEO’s Strategic Retrenchment in Investment Banking

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  Writer / 6 months
• 0
• 1 min read

HSBC shareholders have overwhelmingly supported CEO Noel Quinn’s plan to scale back the bank’s investment banking operations, marking a significant shift in the lender’s strategic focus. The decision, announced at the annual general meeting on February 16, 2025, reflects HSBC’s commitment to prioritizing retail and commercial banking while reducing exposure to volatile investment banking activities. […]