HSBC may cut 14,000 more jobs as revenue faces pressure
HONG KONG/LONDON (Reuters) - HSBC(HSBA.L) will redouble its cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue.London-headquartered HSBC is seeking up to $3 billion in additional annual savings by 2016, on top of $4 billion already achieved, but sluggish growth outside Asia, particularly ...
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