Elhedery has carried out a radical restructuring of the lender since taking the helm in 2024. He’s already cut thousands of jobs, while selling some businesses and merging or closing others.

Non-client facing roles in global service centres are among those expected to be most impacted. Read more at straitstimes.com. Read more at straitstimes.com.

HSBC is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10 ...

The CEO's reported plans to shrink workforce in HSBC's middle and back office to accommodate AI is one of the first signs that could demonstrate how the technology may reshape the Wall Street in the ...

The changes could ultimately impact around 20,000 roles – or about 10 per cent of its total workforce, a source said. Read more at straitstimes.com. Read more at straitstimes.com.

Global banks will eliminate as many as 200,000 positions in the next three to five years Read more at The Business Times.

March 19 (Reuters) - HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years that could ultimately impact ...

HSBC is said to be considering a wave of deep job cuts over the coming years as CEO Georges Elhedery bets on AI to shrink its middle and back office footprint. Bloomberg's Adam Haigh reports.

Investing.com-- HSBC Holdings (LON: HSBA) is considering a wave of deep job cuts in the coming years, with CEO Georges Elhedery betting on artificial intelligence to slash roles i ...

HSBC ⁠Holdings Plc ⁠is weighing a ​wave of deep job ‌cuts over the ‌coming ⁠years ⁠that could ultimately impact around 20,000 ​roles, or about 10% of ​its total workforce, Bloomberg ⁠News reported ⁠on ...

HSBC Bermuda has refreshed its Springboard Mortgage programme, enabling first-time homebuyers to enter the property market with as little as a 5% deposit and up to 95% financing. A spokesperson said, ...