Hsbc to Slash 500 Investment Jobs in the Uk ; Banking

Summary


About 500 UK jobs are being axed at HSBC as part of a worldwide cull within its investment banking division.

The UK's biggest bank is cutting about 1,100 posts across its global banking and markets division, or 4 per cent of the operation's total workforce, as it comes under pressure amid the credit crisis.

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Hsbc to Slash 500 Investment Jobs in the Uk ; Banking

UK staff affected are largely based in HSBC's Ca...

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