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...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intelligence through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
