Similar Stories to Hsbc Slashes Jobs As It Shifts Focus Further To Asian Roots on Bing News

LONDON – HSBC Holdings, Europe’s largest bank by market value, will cut up to 25,000 jobs globally to reduce costs and shift its center of gravity further toward the fast-growing Asian economies where it started operations 150 years ago. The London-based bank, which is worth 120 billion pounds ($184 billion), about the same as U.S.

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  • Asian stocks drop as jobs data adds to case for Fed cuts: Markets wrap
    Asian stocks declined on Monday following US jobs data, raising concerns about the Federal Reserve's timing on interest rate cuts. Markets in Australia, Japan, and South Korea saw losses, while US ...
    09/8/2024 - 2:33 pm | View Link
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