Outgoing CEO Noel Quinn will have paid $34.4bn to investors during final 18 months in postHSBC is giving a further $4.8bn to shareholders, providing a final parting gift from the outgoing chief executive, Noel Quinn, after a rise in second-quarter profit.The London-headquartered bank said it would buy back another $3bn (£2.3bn) worth of shares from investors, who will receive $1.8bn in fresh dividends. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/jul/31/hsbc-shareholders-profits-rise
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2024-07-31 06:33:57
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HSBC shareholders to receive further $4.8bn as profits rise
