Springfield, MO

Log in Subscribe

HSBC announces job cuts

Posted online

HSBC announced plans to cut 35,000 jobs.

The British bank intends to slim operations in the United States and Europe.

"Parts of our business are not delivering acceptable returns. We are therefore outlining a revised plan to increase returns for investors," said Noel Quinn, acting CEO.

Read more from AFP.


No comments on this story |
Please log in to add your comment
Editors' Pick
12 People You Need to Know in 2024

Join us on the third Tuesday of each month for a live interview with one of 12 local professionals handpicked by our editorial team.

Most Read
Update cookies preferences