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HSBC

World news about “HSBC” published by euronews.

01/02 15:05 CET

HSBC freezes salaries and hiring

HSBC freezes salaries and hiring

HSBC has told its staff that it there will no pay rises and no new employees hired this year. It is part of plans to make annual cost savings of up to $5 billion (4.6 billion euros) by 2017. The bank – which is Europe’s largest – said last June that it…