HSBC board rethinks overhaul and seeks even sharper cuts

HSBC board rethinks overhaul and seeks even sharper cuts

More drastic action sought 3 months after unveiling plan to slash 35,000 jobs and $4.5bn of costs

HSBC’s board is set to deepen the biggest restructuring in the bank’s 155-year history after deciding that the coronavirus crisis requires more drastic measures. In February, Europe’s largest lender… [+4147 chars]

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