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HSBC overhaul, up to 50,000 job cutsHSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief executive Stuart Gulli More… |
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HSBC prepares to axe jobs, businessesHSBC is set to cut thousands of staff, axe businesses in Brazil and Turkey and shrink its investment bank in a fresh attempt to become simpler and improve its financial performance. Chief executive Stuart Gulliver is due to outlin More… |
