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

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

The exact number of impacted employees remains unclear, and it is uncertain if further layoffs will occur. RBC restructured ...

HSBC is set to axe a number of investment bankers this Friday ... The source added that the first round of layoffs could come as soon as Thursday. However, many are still expecting communication on ...

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

HSBC Holdings Plc implements short-term retention agreements for investment bankers as part of major restructuring led by new ...

HSBC HOLDINGS (00005.HK) CEO Georges Elhedery said in a results conference call that there is no target number of layoffs set by the bank, and that the reduction in ...

HSBC declined to comment on the latest round of job cuts in Hong Kong. IFR first reported the layoffs on Monday. Hong Kong-listed shares of HSBC hit an 11-1/2 year high earlier on Tuesday and ...

Royal Bank of Canada RY-T has let go of some employees as the lender reorganizes its businesses and prepares to launch its ...

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

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 ...

HSBC Holdings is placing some of its investment bankers on short-term retention agreements as it winds down various ...