Wealth and Asset Management
HSBC trims private bank staff and reduces office space in Switzerland
HSBC is cutting 110 support staff in Switzerland and scaling back its office space in Geneva following a bad year for its Swiss private bank, during which wealthy clients withdrew a net $1bn of their money. Employees at the lender’s Quai des Bergues office in the city centre were told…
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Click here to read the full story: Financial Times