HSBC Sheds 30,000 Jobs, Posts Surprise Profit Rise (Reuters)

- HSBC sheds 30,000 jobs, posts surprise profit rise (Reuters): HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe’s biggest bank said on Monday after it reported a surprise rise in first-half profit. Shares in HSBC rose over 4 percent after it unveiled first-half pretax profits of [...] continue reading world news