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HSBC cuts headcount by 35,000 in deep overhaul

by Associated Press
| February 18, 2020 3:10 AM

LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus.

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