share: digg facebook twitter LONDON (AP) — British banking company HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its bank branches in the U.S., part of a new strategy to cut back on retail operations in some parts of the world and focus instead on fast-growing emerging markets. The bank is still dealing with the legacy of bad loans in the U.S.
Hsbc To Cut 30,000 Jobs In Global Overhaul
Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 08/01/2011 - 4:26am
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