Last Updated: Thursday, October 17, 2013, 19:57
Nearly 300 employees of the company stand to lose their jobs due to the decision, according to sources.
Last Updated: Wednesday, April 24, 2013, 21:40
The bank said 3,166 UK positions would be affected, but 2,017 people would be redeployed, meaning 1,149 job losses.
Last Updated: Tuesday, March 19, 2013, 10:05
The job cuts target has still to be fixed, but people close to the bank suggested up to 5,000 staff could go as part of the one billion dollars savings plan.
Last Updated: Monday, November 05, 2012, 20:05
The bank had 2,67,000 employees at the end of September, 2012, almost 22,000 lower than that on December 31, 2011.
Last Updated: Friday, April 27, 2012, 00:26
HSBC on Thursday said it would cut 3,167 jobs as part of previously announced plans to reduce the bank's global workforce by 30,000 over two years to 2013.
Last Updated: Tuesday, August 02, 2011, 19:37
A day after announcing trimming its global workforce by 30,000, banking major HSBC Tuesday ruled out any significant job cuts in India, a strategic market where it is fighting high attrition rate.
Last Updated: Sunday, July 31, 2011, 17:38
Global banking giant HSBC is likely to announce on Monday plans to axe at least 10,000 jobs in the coming year, says a report by Britain's Sky News.
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