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The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. 
HSBC beats expectations in first-quarter earnings; CEO Noel Quinn to retire

This story has been updated to accurately reflect that HSBC's first quarter revenue for 2024 was 3% higher than a year ago. That figure was misstated due to an editing error.