LONDON (AP) — HSBC Holdings, Europe's largest bank by market value, will cut up to 25,000 jobs around the world to reduce costs and shift its center of gravity back toward the fast-growing Asian economies where it started operations 150 years ago. The bank, which is currently based in London, said Tuesday it is "undertaking a significant reshaping of its business portfolio" and "redeploying resources to capture expected future ...
Recent Comments