GgoogleFR first seen 5 h ago, last 5 h ago, peak #5

HSBC plans 'brutal' job cuts in UK wealth arm

Original: hsbc

HSBC is preparing what it calls 'brutal' job cuts in its British wealth management branch, according to a report relayed by Zonebourse Suisse. The banking group is the latest major lender to trim headcount as it restructures operations, and the unusually blunt language used about the layoffs is drawing attention in financial media.

Why now: Fresh news of significant layoffs at one of the world's largest banks in a sensitive area of its business

HSBCHSBC UKZonebourse

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Evidence

• HSBC prévoit des suppressions de postes « brutales » dans sa branche britannique de gestion de patrimoine · Zonebourse Suisse

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