HSBC is set to cut several hundred jobs in its investment banking business by the end of the year, according to a source familiar with the matter, as it seeks to improve returns.
HSBC to cut hundreds of jobs by year-end: Source
- Advertisement -
Most Popular
Woman wins appeal in 99-to-1 property purchase dispute with ex-boyfriend, owns majority of condo...
The woman said her ex-boyfriend had promised to give her 99 per cent ownership of the unit "to assure her that he wanted to...
BOJ faces calls to pause bond taper as energy shock jolts yields
SOME Bank of Japan drew some requests to pause its bond taper plan, its survey of investors showed, as recent sharp bond...
Some financial institutions call for pause in BOJ bond taper: survey
SOME financial institutions urged the Bank of Japan to pause its bond taper from next fiscal year onward and keep buying at...
JPMorgan will hire more for AI, fewer bankers, CEO Dimon says
The comments highlight a broader industry pivot to automation reshaping the global financial workforce
Why is the Indonesian rupiah falling, and could confidence be cracking?
Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.
