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The bank announced it would be remodelling large parts of the company as it abandoned its main financial target.
Singapore’s women entrepreneurs face limited funding, gender biases but are equally successful securing funds compared to men
Excluding Hong Kong, Singapore is the most gender-neutral market for business capital raising globally, HSBC said.
The Financial Times reported on Sunday the bank faced “an increasingly complex and challenging global environment," citing Brexit and trade conflict.
"Central banks, particularly the ECB, have become increasingly vocal that they are very close to reaching the limits of what monetary policy can do."
Deutsche Bank leads the way on cuts, but Barclays, HSBC, Société Générale and Citigroup are also reducing headcount.
Many people dream of moving to a new country in search of new beginnings and better job opportunities — but have no idea where to look.
HSBC chief financial officer Ewen Stevenson said the firm expects to have $650 million to $700 million in severance costs this year.
Earnings season isn’t over quite yet. Here are the 6 companies to watch — and what you should look out for.
Disney, HSBC, and CVS are all set to announce earnings next week. Uber will release its second-ever quarterly report.
Only four of them are American.
HSBC opened its Jad...