HSBC reportedly set to cut around 100 jobs in equities business

City A.M. | Jan 17, 2020 at 12:10 PM
  • HSBC is reportedly cutting around 100 roles in its equities business.
  • The cuts will be across the bank’s equities research, sales, trading, and back office businesses, Reuters reported, citing sources familiar with the matter.
  • HSBC’s trimming of its equities business follows similar moves by the bank’s European competitors in recent years.