HSBC restructuring
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HSBC To Fast-Track Restructuring As It Suffers $3 Billion Third Quarter Loss
Europe's largest bank posted a 35% decline in quarterly pretax sales to more than $3 billion. Europe's largest bank posted a 35% decline in quarterly pretax sales to more than $3 billion. -
HSBC Pushing Ahead With Job Cuts As Part Of Restructuring Plan
HSBC is aiming to reduce its workforce from 235,000 employees to around 200,000 in the short-term. HSBC is aiming to reduce its workforce from 235,000 employees to around 200,000 in the short-term. -
HSBC Undergoes Major Overhaul With 35,000 Job Cuts
Cutbacks will extend into parts of Europe and US investments as HSBC also slashes its retail network by 30 percent Cutbacks will extend into parts of Europe and US investments as HSBC also slashes its retail network by 30 percent