* Between 7,000 and 8,000 jobs to go in UK * CEO says too early to say if group will keep UK business * Control over dividend, strategy key factor in decision * To consult with staff, customers over planned name change By Matt Scuffham LONDON, June 9 (Reuters) - HSBC
Read moreLondon stocks registered early gains although traders were still treading cautiously given the delicate state of the negotiations between Greece and its creditors. As of 09:09 the Footsie was higher by 1.86 points to 6,791.90 points. "The fact that we're seeing technical support levels [across Euro
Read moreShares in HSBC fell 1.1% on Tuesday after the company outlined a round of job cuts and branch closures in its latest investor update. Shore Capital said the update was "rather uninspiring", and essentially reaffirms previously-held commitments around costs, returns and dividend policy, while aiming
Read moreLONDON, June 9 (Reuters) - HSBC is on the verge of a prolonged period of dividend growth, its chief executive said on Tuesday. "The dividend grew for 17 years from 1991 to 2008 and I believe that we are in the foothills of another prolonged period of dividend growth for the firm," CEO Stuar
Read moreHSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday si
Read moreLondon-listed stocks were expected to begin Tuesday's session on the back foot, extending losses into their fourth day. City sources predict the FTSE 100 will open around 9-10 points lower than Monday's close of 6,790.04. "The fact that we're seeing technical support levels [across Europe] being br
Read moreHSBC on Tuesday announced a round of job cuts and branch closures with the aim of saving between $4.5bn to $5bn in annual costs by 2017. Branches in seven major markets including the UK will be closedUp to 25000 jobs set to goStrategic aim is to expand Asian footprintIn a statement issued to the Hon
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