Tag Archives: assets

HSBC to cut headcount by 35,000, shed $100 billion in assets

HSBC to cut headcount by 35,000, shed $100 billion in assets

HSBC will shed some 35,000 jobs as part of a deep overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus. The interim chief executive, Noel Quinn, said Tuesday the …

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