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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

HSBC Makes Global Rollbacks As It Scales Down Operations and Other Financial Services

With many industry analysts predicting weak profitability for the finance sector this year, global financial giant HSBC has begun scaling back its operations. The bank is exiting several global markets and shutting down some of its services in favour of prioritising wealth management in the Middle East and Asia.

Multiple Market Exits as Part of Operational Overhaul

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