Hsbc Job Cuts
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HSBC Revives Plan To Cut 35,000 Jobs After Coronavirus Pause
In March, HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs.
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Europe's Biggest Bank HSBC To Cut 35,000 Jobs
HSBC said it would merge its private banking and wealth businesses, axe European stock trading and cut US retail branches as it seeks to remove $4.5 billion in costs.
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HSBC Cutting Around 100 Staff In Equities Business: Report
HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019.The cuts come as the bank's interim chief executive Noel Quinn prepares to update investors on the lender's new strategy when it reports the results on Feb
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HSBC To Cut Up To 10,000 Jobs In Drive To Slash Costs: Report
HSBC Holdings is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
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HSBC Cutting 100 Senior Banking Jobs Globally: Report
The cuts affect bankers at managing director and director level in the lender's Global Banking and Markets division, the sources said, declining to be identified due to the sensitivity of the matter.
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HSBC To Shake Up Global Banking Business To Cut Costs
HSBC is to restructure its global banking division to cut costs and make the business more "agile", according to an internal memo seen by Reuters on Monday.
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HSBC Cutting 'Dozens' Of Senior Jobs In Investment Bank: Report
HSBC has begun cutting senior posts in its investment banking division in a cull that could lead to dozens of staff worldwide losing their jobs, according to sources with direct knowledge of the cuts.
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HSBC To Shut Down Half Of Its Branches In India, 300 Jobs To Go
British lender HSBC on Thursday announced a consolidation exercise under which it will almost halve its branches in the country to 26 as customers shift to digital alternatives for their banking transactions.
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HSBC Axes 840 IT Jobs In Britain In First Big Wave Of Planned Cuts
HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.
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Job Cut To Have Minimum Impact on India, says HSBC: Report
The surprise could be in the form of the bank's target to increase its software engineering development and back office work here and China as part of its move to consolidate this vertical, which is projected to save up to $525 million over the next two years.
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HSBC to Shed 50,000 Jobs in Quest for Higher Payouts
HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire.
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HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
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More Indians Prefer to Semi-Retire Before Hanging Up Boots: Survey
Over half of the working population in urban areas of the country will prefer cutting down on their working hours before completely retiring from jobs, according to a survey by HSBC.
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HSBC to exit broking business in India; 300 jobs to be cut
London-based financial giant HSBC said on Thursday it will exit its retail broking business in India, the latest global bank to scale back operations in the country.
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RBS to shut 23 retail, commercial branches in India
Royal Bank of Scotland (RBS) has said it will close 23 of its 31 branches in India by the end of 2013 to focus only on big cities.
-
HSBC Revives Plan To Cut 35,000 Jobs After Coronavirus Pause
In March, HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs.
-
Europe's Biggest Bank HSBC To Cut 35,000 Jobs
HSBC said it would merge its private banking and wealth businesses, axe European stock trading and cut US retail branches as it seeks to remove $4.5 billion in costs.
-
HSBC Cutting Around 100 Staff In Equities Business: Report
HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019.The cuts come as the bank's interim chief executive Noel Quinn prepares to update investors on the lender's new strategy when it reports the results on Feb
-
HSBC To Cut Up To 10,000 Jobs In Drive To Slash Costs: Report
HSBC Holdings is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
-
HSBC Cutting 100 Senior Banking Jobs Globally: Report
The cuts affect bankers at managing director and director level in the lender's Global Banking and Markets division, the sources said, declining to be identified due to the sensitivity of the matter.
-
HSBC To Shake Up Global Banking Business To Cut Costs
HSBC is to restructure its global banking division to cut costs and make the business more "agile", according to an internal memo seen by Reuters on Monday.
-
HSBC Cutting 'Dozens' Of Senior Jobs In Investment Bank: Report
HSBC has begun cutting senior posts in its investment banking division in a cull that could lead to dozens of staff worldwide losing their jobs, according to sources with direct knowledge of the cuts.
-
HSBC To Shut Down Half Of Its Branches In India, 300 Jobs To Go
British lender HSBC on Thursday announced a consolidation exercise under which it will almost halve its branches in the country to 26 as customers shift to digital alternatives for their banking transactions.
-
HSBC Axes 840 IT Jobs In Britain In First Big Wave Of Planned Cuts
HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.
-
Job Cut To Have Minimum Impact on India, says HSBC: Report
The surprise could be in the form of the bank's target to increase its software engineering development and back office work here and China as part of its move to consolidate this vertical, which is projected to save up to $525 million over the next two years.
-
HSBC to Shed 50,000 Jobs in Quest for Higher Payouts
HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire.
-
HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
-
More Indians Prefer to Semi-Retire Before Hanging Up Boots: Survey
Over half of the working population in urban areas of the country will prefer cutting down on their working hours before completely retiring from jobs, according to a survey by HSBC.
-
HSBC to exit broking business in India; 300 jobs to be cut
London-based financial giant HSBC said on Thursday it will exit its retail broking business in India, the latest global bank to scale back operations in the country.
-
RBS to shut 23 retail, commercial branches in India
Royal Bank of Scotland (RBS) has said it will close 23 of its 31 branches in India by the end of 2013 to focus only on big cities.
