HSBC sacks more than two dozen analysts in research department shakeup - report

6 hours ago 1
Credit Crunch Fails To Wipe Out HSBC Profit

Matt Cardy/Getty Images News

HSBC Holdings (NYSE:HSBC) fired dozens of analysts as Europe's largest lender follows Wall Street banks in paring back their research departments, according to a media report.

Most of the job cuts occurred in Europe, though they also included Steven Major, HSBC's Dubai-based

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