Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by 1.5 billion US dollars (£1.2 billion) by the end of 2026. The group ...

Bloomberg via Getty Images HSBC insiders said that they expected some job losses this year, but that the fired workers — who were at vice president or above — were expecting to get some of ...

Sources who spoke to Times of Malta claimed that half of HSBC’s 945 local employees could have faced job cuts if the deal had gone through. They added that the potential mass layoffs caused ...

the people said staff at the vice president level and above at the investment banking unit who lost their jobs due to the restructuring did not receive bonuses. “It’s very unlike HSBC,” one ...