Investment Banking

A massive overhaul is rocking HSBC. Here’s what you need to know

The bank has been shaking up its leadership and slashing jobs amid a shift of operations to Asian hubs

HSBC is cutting jobs and slashing costs. And then there's China
HSBC is cutting jobs and slashing costs. And then there's China Photo: Getty Images

HSBC kicked off a series of big changes as it continues its massive overhaul that will see some 35,000 job losses with a refocus on operations in Asia. The bank has been shaking up its leadership in key areas amid the shift.

26 February HSBC cuts staff and shakes up executives in London equities unit

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