HSBC to Cut Hundreds of Investment-Banking Jobs -Bloomberg

Date : 05/30/2019 @ 10:27PM
Source : Dow Jones News
Stock : Hsbc Holdings Plc (HSBA)
Quote : 573.7  3.4 (0.60%) @ 12:35AM
Hsbc share price Chart

HSBC to Cut Hundreds of Investment-Banking Jobs -Bloomberg

Hsbc (LSE:HSBA)
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--HSBC is planning to cut at least 500 investment-banking jobs across its global banking and markets businesses, Bloomberg reports, citing unnamed sources.

--The cuts could begin within weeks as Chief Executive John Flint looks for cost-savings across the bank, according to Bloomberg.

 

Full story: https://bloom.bg/2MlFUla

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 30, 2019 10:12 ET (14:12 GMT)

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