HSBC appoints Georges Elhedery as group chief executive, replaces Quinn

Q: How long will it take to read this news story?

The story "HSBC appoints Georges Elhedery as group chief executive, replaces Quinn" has 339 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "HSBC appoints Georges Elhedery as group chief executive, replaces Quinn" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 228 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21660401</li><li>URL: https://beamstart.com/news/hsbc-appoints-georges-elhedery-as-17211931087205</li></ul>

Business Standard Logo Business Standard 5h ago

HSBC appoints Georges Elhedery as group chief executive, replaces Quinn - Business Standard

Quick Summary:

He also led HSBC's Middle Eastern, North Africa and Turkiye region as the CEO between July 2016 and February 2019.

The move comes at a time when HSBC, Europe's largest lender by assets with a balance sheet of $3 trillion, is betting on its historic Asian ties to ramp up profit.

Since the financial crisis of 2008, HSBC has already shrunk its global footprint by around a quarter, exiting low-growth markets to plough capital and resources into Asia.