Europe’s largest bank HSBC ( HSBA ) has revealed plans to slash up to 15% of its workforce over the next three years after earnings more than halved in the year to 31 December. Despite a 4% increase in revenue, net profits slid 53% to just $6bn from $12.6bn as the bank took a $7.3bn write-down on its investment banking and commercial banking units in Europe and a $2.8bn...
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