HSBC CEO Noel Quinn Braces for Tough Times After Strong 2023

At a recent retreat in southeast England for his top executives, HSBC Holdings Plc boss Noel Quinn painted a bullish picture for the year just gone as the lender benefited from rising interest rates.

With Europe’s largest bank — which makes most of its profit in Asia — expected to report strong earnings for 2023 this week, Quinn appeared at ease in his role at the gathering late last year in Windsor. He signaled he was keen to steer the lender in the medium term, people familiar with the matter said.