Photo: BOBBY YIP / TT news agency
It reports Sky News citing sources.
According to the data expected HSBC CEO Stuart Gulliver communicate a revised target for staff reductions to 2017 at an investor day on Tuesday.
The exact figure for cutbacks is unclear, but according to the sources, it’s probably about 10,000-20,000 jobs.
Probably the effect of HSBC’s sold businesses in Brazil and Turkey also excluded from the target figure.
HSBC had 258,000 employees at the end of last year.
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