The job cuts in its regional hub Hong Kong started on Monday, said the person and another source with knowledge of the matter, and comes ahead of the London-headquartered bank releasing its full ...
‘Hong Kong legislation ... change targets. The banking giant said it planned to reduce its staffing costs by around 8 per cent, with workers at its head office in London’s Canary Wharf ...
The UK operations (the bulk of which the Asian entity added in 1992 when it bought Midland Bank and transferred its global headquarters to London from Hong Kong) may have been somewhat moaty ...
The London-based bank, one of Europe's largest by assets, generates most of its revenue from Asia - particularly Hong Kong - which is its largest market. "We are very positive about the Hong Kong ...