
At its annual general meeting, HSBC shareholders expressed mounting pressure on top executives to split the bank into separate entities, demanding clarity about future strategy and a commitment to greater transparency. The call for a breakup arose after reports of internal turmoil within the global banking giant, with several high-profile executives facing scrutiny from shareholders who voiced concerns over recent financial performance and corporate governance practices. The meeting witnessed an unprecedented level of dissent from investors, highlighting their dissatisfaction with the bank’s direction under current leadership. While HSBC CEO Noel Quinn defended the company’s long-term strategy, the shareholder demands underscored a growing sentiment within the institution that restructuring may be necessary to address its complex challenges and navigate the increasingly competitive global financial landscape.