HSBC has resumed plans to cut 35,000 jobs and restructure its business, saying that the coronavirus pandemic has made the overhaul it announced earlier this year even more urgent. CEO Noel Quinn said ...

HSBC is gearing up for thousands more job cuts, with Europe's biggest bank by market value set to outline the next stage in its strategic overhaul at an investor day in two months' time. "There is no ...

HSBC is resuming a massive redundancy plan it had put on ice after the coronavirus outbreak, and will cut 35,000 jobs over the medium term, a memo seen by Reuters on Wednesday showed. The bank will ...

HSBC, the behemoth international bank, announced it will reignite its prior plan for a massive 35,000 job cut. The layoffs were originally slated to start back in February, but HSBC placed the layoffs ...

The HSBC UK headquarters are seen at the Canary Wharf financial district of London (Photo by TOLGA AKMEN/AFP/Getty Images) In a cost-cutting, belt-tightening initiative, HSBC, a top-tier, global bank, ...

BUFFALO, N.Y. (WIVB)–Monday was a busy day for HSBC Holdings: the London-based firm announced it is laying off two-percent of its workforce, worldwide–that’s about 4,000 workers that could be losing ...

LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up ...