HONG KONG -- HSBC Holdings' incoming chief executive on Wednesday said he is committed to the strategy built by his predecessor, as the bank announced a fresh $3 billion stock buyback program and a slight dip in its profit.
Outgoing CEO Noel Quinn has put the bank in a "strong position" with resources deployed in key markets including the U.K. and Hong Kong, said Georges Elhedery, who will take over as group CEO in September.
