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

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

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 ...

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 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 ...

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 ...

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

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