HSBC to trim investment banking jobs.
BANKING AND CREDIT NEWS-February 6, 2019--HSBC to trim investment banking jobs
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Global Banking News - 06 February 2019
HSBC Holdings (LSE: HSBA) is said to be planning to trim staff in its global banking and markets business.
The move comes as the firm is looking to implement a cost-cutting drive. The cuts are to mainly impact sales and advisory staff. Employees affected will be informed this week and the move comes following several weeks of performance reviews and planning for 2019 by the bank.
The company's investment...
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