China's Ping An Insurance Group voted against reappointing HSBC's CEO.

China's Ping An Insurance Group Co., HSBC's largest Asian investor, voted against the reappointment of departing CEO Noel Quinn as a director at HSBC's shareholder meeting. This protest vote follows Quinn's recent announcement of retirement and suggests Ping An's campaign of disruption against HSBC continues. No statements have been issued by HSBC or Ping An regarding the situation.

May 04, 2024
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