B · Normal
[HSBC plans large-scale layoffs in UK wealth management business] October 7th, according to media reports, HSBC plans to lay off employees in UK wealth management business. It is expected that about half of the management and professional positions in this business will be eliminated, and the proportion of layoffs in financial advisory positions is close to 70%. The bank is entering the employee consultation stage on the above-mentioned reform plan. The affected employees are expected to leave at the end of this month.
Global market intelligence 🕐 2026-10-07 12:10

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