HSBC is set to intensify the greatest shake-up in its 155- year history, putting even more tasks at risk.
HSBC had already revealed it was axing 35,000 posts this year. Due to the pandemic, the lending institution now thinks its overhaul might need to be even more radical
HSBC, which is mainly focused on Asia, alerted last month that it was bracing for ₤ 8.8 billion worth of loans to turn sour this year, as Covid-19 wreaks havoc.
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