HSBC Plans Fresh Round of Investment Bank Job Cuts Next Week
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Good morning. HSBC plans investment banking job cuts from next week. Trump proposes reciprocal tariffs that may start as soon as April. And we recommend six whiskeys that are worth splashing out on. Listen to the day’s top stories.
HSBC plans new investment bank job cuts next week, starting in Asia, people familiar said. It’s unclear how many employees will be dismissed, with the layoffs being based on performance, duplication of jobs, and simplification of operations. They will be staggered over several weeks and months.