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HSBC is no longer the world’s local bank
The world’s local bank just unveiled its new strategic review to the universe. HSBC will slash 50,000 jobs worldwide in Stuart Gulliver’s quest to boost profitability. Strangely enough, a bank that made serial acquisitions in Europe and the US (including the fatal purchase of downmarket lender Household) under Sir William…
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Click here to read the full story: Khaleej Times