HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam
HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam
HSBC

Financial sector hiring in Hong Kong worst since 2008 crisis as banks and brokers tighten purse strings

Topic |   HSBC
HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam
HSBC told its staff in an internal memo that the bank’s worldwide freeze on hiring and pay hike would be in place this year as part of its efforts to cut up to US$5 billion in costs by the end of 2017. Photo: Nora Tam
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