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HSBC Job Cuts: Layoffs at Investment Bank to Start in Asia
Posted
February 14, 2025
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3:17Now PlayingHSBC is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter. The latest phase of cuts will start in Asia, but will ultimately affect employees globally, said the people. Bloomberg's Manuel Baigorri reports.
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