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HSBC Reportedly Cuts 10% of US Debt Capital Markets Team
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HSBC HOLDINGS (00005.HK) continues to pare back costs following its business reform announcement in October last year, cutting 10% of its US-based debt capital markets team, according to Bloomberg, citing people familiar with the matter. At least six employees in New York were dismissed on Thursday, including a managing director, two directors, two investment associates, and an analyst, sources divulged. AASTOCKS Financial News Website: www.aastocks.com |
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