HSBC Still Searching for CEO

HSBC has announced a $4.5 billion cost-cutting plan focusing on reducing operations in Europe and the US while expanding in Asia. The plan includes cutting equity sales, trading, and research operations, consolidating fixed income activities, and reducing retail outlets by 30% to focus on mobile banking. Additionally, HSBC is addressing executive structures to streamline management. The CEO position remains uncertain, with Noel Quinn acting as interim CEO, tasked with implementing the restructuring plan.

Who is currently acting as the CEO of HSBC during the restructuring process?

What is the expected timeline for the restructuring process initiated by HSBC?