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HSBC reveals plans to cut jobs amid bid to slash costs by £1.2bn

HSBC reveals plans to cut jobs amid bid to slash costs by £1.2bn - The banking group said it will reduce its global staff costs by around 8% under the overhaul.

The Yorkshire Post · 6h

HSBC plans to cut jobs as it aims to reduce costs by £1.2bn

Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by $1.5bn (£1.2bn) by the end of 2026.

Reuters on MSN · 5h

HSBC eyes $1.8 billion in cost cuts by 2026 as new CEO looks to boost returns

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound geopolitical changes.

This Is Money on MSN · 7h

HSBC to shed more jobs as lender slashes £1.2bn in costs

HSBC is set to shed even more jobs as part of sweeping cost-cutting plans, as it undergoes a transformation guided by new boss Georges Elhedery.

5hon MSN

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn - The UK’s largest bank announced a ...

HSBC to slash jobs across Britain as new boss deepens China ties

HSBC is preparing to axe thousands of jobs across Britain as it increases its focus in China ...

HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

Peterborough Evening Telegraph4h

HSBC UK: major bank announces job cuts and delays net-zero emissions targets following results - news

The UK’s largest bank has announced it will begin a round of global job cuts as part of a cost-cutting initiative aimed at ...

LONDON MARKET OPEN: Glencore, HSBC and travel stocks decline

(Alliance News) - European stocks traded mixed early Wednesday, with Glencore, BAE Systems and HSBC declining in London after the trio reported annual results, while the pound returned gains it made ...

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