Wednesday, 10 June 2015

HSBC"s investment bank to shed clients, assets in profitability push



LONDON (Reuters) - HSBC"s investment bank could shed more than a fifth of its clients and plans to reduce its credit and interest rates businesses by $100 billion over the next two years in its bid to improve profitability.... more

APAC Financial Markets • #50000, #HSBC, #InvestmentBanking, #JobCuts, #ReduceCreditBusiness, #ReduceRatesBusiness, #Redundancies, #ShedAssets, #ShedClients #MarketNews

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