HSBC to Cut 35,000 Jobs and $100 Billion of Assets
Wall Street Journal, Feb. 18, 2020–Simon Clark, Margot Patrick (subscription)
HSBC Holdings PLC said it would cut 35,000 jobs and $100 billion in assets in the next three years as it scales back operations in the U.S., mainland Europe and its investment bank.
https://www.wsj.com/articles/hsbc-holdings-2019-net-profit-plunged-53-11582001092?mod=hp_lead_pos1
