Finance Markets (Free subscription) | 03/11/2009
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 [...]
Times of India (Free subscription) | 03/11/2009
... migration of activities into centres of excellence around the country," HSBC UK Chief Executive Paul Thurston said. HSBC said it currently employs about 40,000 people in its British retail banking division. Overall, the group is shifting its attention away from the West towards the East. In September, HSBC announced it was moving its chief executive to Hong Kong from London. HSBC,...
BBC News (Free subscription) | 03/11/2009
"Decisions that affect our people are always difficult, but this restructure is an essential part of the streamlining of our business," said HSBC's UK head Paul Thurston.
The Telegraph (Free subscription) | 03/11/2009
... 2,200 people could actually lose their jobs as a result of the moves. HSBC's 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 our business and the migration of activities into centres of excellence around the country. "We will do everything we can to support those of our...
