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HSBC Plans Fresh Round of Investment Bank Job Cuts

HSBC to shed more jobs after £1.2bn cost-cutting

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Bloomberg L.P. · 21h

HSBC Plans Fresh Round of Investment Bank Job Cuts Next Week

Good morning. HSBC plans investment banking job cuts from next week. Trump proposes reciprocal tariffs that may start as soon as April. And we recommend six whiskeys that are worth splashing out on. Listen to the day’s top stories.

GlobalData on MSN · 16h

HSBC investment bank job cuts to start in Asia next week-report

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Bloomberg on MSN · 20h

HSBC Set to Cut Jobs at Investment Bank

HSBC is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe's biggest lender, according to people familiar with the matter.

HSBC to unveil $1.5bn savings

The Banker · 16h

HSBC to unveil $1.5bn in cost savings; NatWest increases profits as UK government cuts stake

The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial crisis. The Treasury now holds a stake of just under 7 per cent in the bank, down from 38 per cent in December 2023, and is expected to sell its remaining shares in the coming months.

Reuters · 22h

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

The Financial Times · 1d

HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in

HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical overhaul of the bank. Europe’s largest lender will lay out the figures for the first time on Wednesday,

Hosted on MSN1d

HSBC restores service after online banking outage

HSBC services have been restored following a two-hour outage that impacted both online and mobile banking services in the UK.

3don MSN

HSBC app and online banking down as customers locked out of accounts

HSjsonC customers have reported that they are unable to access their accounts, with many unable to travel or find lodgings ...

10d

People only just learning what HSBC bank actually stands for

"The Hongkong and Shanghai Banking Corporation remains one of the companies under the HSBC Group brand. That company is ...

HSBC Considers CEO Pay Overhaul as UK Banks Dump Bonus Caps

HSBC Holdings Plc is considering halving the fixed pay of its new Chief Executive Officer Georges Elhedery after the UK ...

IOM Today16h

HSBC's chief UK economist visits Isle of Man

HSBC global economist James Pomeroy recently visited the Isle of Man for the first time to provide an update to the bank’s ...

11h

The week ahead: UK CPI and wages, Lloyds and HSBC results

UK CPI (Jan) – 19/02 – having cut interest rates by 25bps at its recent meeting the Bank of England will be hoping that the ...

HSBC banking app down as thousands of 'frustrated' customers slam outage

HSBC's banking app has gone down. Thousands of "frustrated" customers have slammed the major outage, which has rendered them ...

10d

People gobsmacked after learning what HSBC bank actually stands for

The British universal bank HSBC, which serves more than 14 million customers in the UK, is headquartered in London and has ...

HSBC online banking and app went down as hundreds of customers were left locked out of accounts

THOUSANDS of HSBC customers were unable to access their online accounts following a huge technical blunder. Furious users took to Downdetector platform to report the issue. At 4pm on ...

10d

People are only just realising what HSBC bank actually stands for

HSBC has been around for a long time - but some people might be surprised to learn that the name actually stands for something ...

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