Portfolio

HSBC set to cut jobs at investment bank

By Alexander Bueso

Date: Friday 14 Feb 2025

HSBC set to cut jobs at investment bank

(Sharecast News) - Citing people familiar with the matter, Bloomberg reported that HSBC will initiate a fresh round of layoffs at its investment bank as early as Monday.
The first cuts will be carried out in Asia and then be expanded to the rest of the lender's staff.

The number of redundancies was not clear.

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