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HSBC lays off 40 dealmakers in Hong Kong ahead of restructuring: report

HSBC lays off 40 dealmakers in Hong Kong ahead of restructuring: report

FILE PHOTO: HSBC logo is seen in this illustration taken December 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

HSBC has laid off around 40 investment bankers in Hong Kong as part of the bank’s global restructuring, according to one source with direct knowledge of the matter.

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