HSBC Cuts Some Analyst Jobs, Bloomberg Says, Citing Sources

Dow Jones

05/27

-- HSBC cut more than two dozen analyst roles as part of the restructuring of its investment banking division, Bloomberg reports, citing unnamed sources.

-- Most of the cuts were in Europe but also included Dubai-based Steven Major, the global head of fixed income research, Bloomberg reports.

-- HSBC told Bloomberg that its global research, equities sales and trading businesses are core to its corporate and institutional banking business.

Full story: https://tinyurl.com/dsb33zt3

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

May 27, 2025 04:39 ET (08:39 GMT)

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