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HSBC

England, London: A general view of HSBC Tower the international headquarters of the bank HSBC (Hong Kong & Shanghai Banking Corporation Holdings PLC) in the financial district Canary Wharf. Banking giant HSBC on Monday reported a 69-per-cent drop in profit after tax for the first half of the year. Photo: Jens Kalaene/dpa.

Economy & Business

HSBC profit plunges by 69% in first half of 2020

The Nomad Today 8/3/20

The bank is moving ahead with plans to reduce its workforce from 235,000 to about 200,000 in the coming 3 years.