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.
Finance
HSBC sets $3bn share buyback as current and next CEOs assess direction
Interim profit dips slightly; incoming Elhedery says Quinn leaves bank 'where we wanted to be'
The Hong Kong offices of HSBC and Standard Chartered Bank on March 15. Both banks have announced share buyback programs this week. © Reuters
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