The downsizing will be done through layoffs, natural attrition, and reassignments within HSBC's operations in China.

RBC restructures operations post-HSBC Canada acquisition, leading to employee layoffs across various divisions ...

Royal Bank of Canada (RY) has laid off some employees as a result of changes at its business segments following the ...

Royal Bank of Canada , Canada's largest lender, laid off some employees as a result of changes at its business segments ...

This was in response to the integration of HSBC Canada’s operations ... and assistance to the individuals impacted by these layoffs. RBC’s spokesperson emphasized that the changes are intended ...

The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead ...

An icon in the shape of a lightning bolt. Impact Link HSBC unveiled further details of its cost-cutting plans alongside its annual results on Wednesday. The bank said it aimed to save $300 million ...

Canada's largest lender Royal Bank of Canada laid off some employees as a result of changes at its business segments ...

HSBC (HBCYF) (HSBC) is reducing the workforce at its China digital wealth business Pinnacle by nearly half, or about 900 people, Reuters reported citing sources familiar with the matter.

Without directly addressing staffing, a spokesperson for the lender says wealth management in China remains a ‘priority’.

initiated layoffs within its technology and operations teams, according to Reuters, citing sources. These job cuts are a direct result of the organizational restructuring that followed the C$13.5 ...