Scandal-hit global bank HSBC said Tuesday that it would slash up to $5 billion by 2017 and sell its operations in Turkey and Brazil.
The announcement, in a statement to the Hong Kong stock exchange, comes ahead of an investor update later Tuesday in which chief executive Stuart Gulliver is expected to announce thousands of job cuts, according to reports.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©