HSBC appoints Noel Quinn as CEO

(Reuters) – HSBC said on Tuesday it has appointed Noel Quinn as its chief executive officer, effective immediately.

Quinn, who joined HSBC in 1987 and had been serving as interim CEO, will earn a base salary of 1.27 million pounds ($1.54 million) per annum.

(Reporting by Samantha Machado in Bengaluru; Editing by Vinay Dwivedi)