Wealth and Asset Management
HSBC Signals 14,000 Jobs Cuts in $3 Billion Savings Plan
HSBC Holdings Plc, Europe’s largest bank, will eliminate as many as 14,000 jobs as Chief Executive Officer Stuart Gulliver set out plans to cut an additional $3 billion of costs as he tries to revive profitability. The bank expects to reduce the number of employees to as few as 240,000…
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Click here to read the full story: Bloomberg Business Week