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All posts tagged "Global Banking"

HSBC to cut up to 30,000 jobs by 2013

HSBC to cut up to 30,000 jobs by 2013

HSBC will slash up to 30,000 jobs worldwide over the next two years as part of a major cost-cutting drive, the global banking giant said on Monday, as it posted bumper profits.

Regulators looking at ways to cap big banks: source

Regulators looking at ways to cap big banks: source

LONDON (Reuters) - Global banking regulators are discussing how to use extra capital cushions as a means of stopping very big lenders getting even larger, a source familiar with the talks said on Friday.