HONG KONG, April 24 (Reuters) - HSBC Holdings Plc
is confident it can maintain dividend payouts in the foreseeable
future and expects to exceed risk-weighted asset and cost-saving
targets, the bank's chief executive Stuart Gulliver said on
Despite earnings pressure, HSBC has retained its dividend
payout ratio at a higher level in the last few years, at a time
when some of its peers including Standard Chartered
withheld dividend payment for 2016.
The bank may have to move "some thousand roles" from Britain
to Paris depending on how the country's Brexit negotiations with
the European Union unfold, chairman Douglas Flint added. The
bank had previously said it expected to move around 1,000 roles.
Both executives were speaking during a meeting of
shareholders in Hong Kong.
(Reporting by Michelle Price; Editing by Muralikumar