HSBC to cut another 20 investment banking jobs in Asia, sources say

(Reuters)-17/04/2024

HSBC is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter said.

The Asia-focused lender started the layoffs on Tuesday in the region, when it notified around a dozen bankers.