An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock
An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock
HSBC
Business /  Companies

HSBC to axe jobs in Europe, high-paying roles amid more cost cutting

  • Bank to still hire for ‘revenue-generating’ roles as it grows in Asia
  • Cuts on top of plan to eliminate less than 2 per cent of workforce, reduce wage costs by 4 per cent over the course of 2019

Topic |   HSBC
Chad Bray
Chad Bray

Updated: 10:40pm, 7 Oct, 2019

Why you can trust SCMP
An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock
An HSBC branch in Paris. The lender is considering the potential sale of its retail bank in France. Photo: Shutterstock
READ FULL ARTICLE