Banking giant HSBC to eliminate 1,700 UK positions

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Banking giant HSBC to eliminate 1,700 UK positions

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11-04-2009, 12:59 AM

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Banking giant HSBC to eliminate 1,700 UK positions

Banking giant HSBC has announced plans to axe 1,726 jobs in the UK and comes just 24 hours after Royal Bank of Scotland said it was axing 3,700 branch jobs.HSBC UK chief executive, Paul Thurston, said: “Decisions that affect our people are always difficult, but this restructure is an essential part of the streamlining of [...]

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