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HSBC Profits Hammered by Pandemic and Soaring US-China Tensions

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The Asia-focused lender embarked on a huge cost-cutting initiative at the start of the year, including plans to slash some 35,000 jobs as well as trimming fat from less profitable divisions, primarily in the United States and Europe.

from Top Business News- News18.com
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HSBC Profits Hammered by Pandemic and Soaring US-China Tensions HSBC Profits Hammered by Pandemic and Soaring US-China Tensions Reviewed by Team Exprssnews on August 02, 2020 Rating: 5

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