Northern Star

HSBC cuts headcount by 35,000 in deep overhaul

DANICA KIRKA and ELAINE KURTENBACH

February 18, 2020

LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus.The interim chief executive, Noel Quinn, said Tu...