HSBC plans to cut an additional 14,000 jobs as part of a worldwide restructure, the BBC reports.
The bank said the move was part of a restructure begun to reduce costs and increase profitability. It wants to save another $3bn (£2bn) in annual costs, the report said. The redundancies would cut the bank's headcount to between 240,000 and 250,000 over the next three years.
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