-- HSBC cut more than two dozen analyst roles as part of the restructuring of its investment banking division, Bloomberg reports, citing unnamed sources.
-- Most of the cuts were in Europe but also included Dubai-based Steven Major, the global head of fixed income research, Bloomberg reports.
-- HSBC told Bloomberg that its global research, equities sales and trading businesses are core to its corporate and institutional banking business.
Full story: https://tinyurl.com/dsb33zt3
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
May 27, 2025 04:39 ET (08:39 GMT)
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