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Banks and Institutions
HSBC | 2,000 UK layoffs
Banking giant HSBC is this week expected to announce some 2,000 UK job cuts as part of a restructuring of its global business. The axe is expected to fall on nearly 4% of the bank’s 52,000-strong UK workforce in a drive to slash costs and help the business react to the tougher climate in the … Continue reading
Bank of Montreal cuts 60 capital markets jobs
Bank of Montreal has cut 60 jobs at its capital markets division, and Canada’s No. 4 bank said staff reductions are due to concerns about productivity in the current capital markets environment. “The reductions are part of our focus on productivity and we would expect to continue to be hiring over the course of the … Continue reading
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