HSBC to cut 35,000 jobs worldwide as profits plunge
(The Guardian Business News)

Bank also warns of impact of coronavirus outbreak on its business, particularly in AsiaHSBC has said it will slash 35,000 jobs over three years as part of a major shake-up at the banking giant, after revealing that annual profits plunged 33%.The bank also issued a warning over the coronavirus outbreak in Asia, which makes up the bulk of its profits, saying it could have an impact on its performance in 2020. Continue reading...