HSBC job losses to begin in weeks amid lender’s sweeping overhaul, high-level boss says

Quick Summary:

The head of HSBC Holdings’ new global wholesale banking unit said the lender aims to wrap up its restructuring very quickly’.

The process to find a successor for his US role has started, he said.

We’re going to be working very, very quickly.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: Hong Kong

Topics: Banking Head Announce Weeks Global Roberts Wholesale Hsbc Restructuring Process Going

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 14:21:38 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23467953

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