HSBC is cutting around 100 roles in its equities business with the bulk of the l...
) is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.
HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019. He has moved since to cut costs at Europe’s biggest bank, saying in October last year the lender would slash some 4,700 roles. He is also looking to sell the bank’s French retail business, and has reshuffled the top jobs at its investment bank.
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