HSBC to double number of mobile bank users.
BANKING AND CREDIT NEWS-June 26, 2020--HSBC to double number of mobile bank users
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Global Banking News - 26 June 2020
HSBC Holdings (LSE: HSBA) has announced plans to double the number of its mobile-bank users.
Aimed at cutting costs, the initiative would move services from its branches to digital channels. The firm is expecting to reach the target in 2022. After the bank implements a massive job cut, which would see about 35,000 of its staff being laid off over the years, employees would be...
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