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HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

Many of the jobs will now be offshored to lower income countries such as India, China and Poland HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on......

HSBC to cut up to 50,000 jobs, slash investment bank

HSBC will cut almost 50,000 jobs from its payroll, take an axe to its investment bank and shrink its risk weighted assets by $290 billion in an effort to improve its sluggish performance, Europe's......

HSBC set to cut thousands of jobs globally

An estimated 10,000 to 20,000 jobs will be axed, according to a media report HSBC Holdings Plc could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of......

HSBC Swiss tax scrutiny set to overshadow $21 billion profit

The biggest concern for HSBC could be that U.S. authorities may look at re-opening a 2012 deferred prosecution agreement. When HSBC's marketing team began drawing up plans for next month's......

Money laundering case: HSBC to pay $1.9 bn fine

HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year US criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.HSBC admitted......

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Stuart Gulliver Businesses

News for Stuart Gulliver Businesses

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

HSBC to cut up to 50,000 jobs, slash investment bank

HSBC set to cut thousands of jobs globally

HSBC Swiss tax scrutiny set to overshadow $21 billion profit

Money laundering case: HSBC to pay $1.9 bn fine

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