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HSBC to boost China staff in 2017

Mar. 24, 2017 5:20 AM ETHSBC Holdings plc (HSBC) StockHSBCBy: Yoel Minkoff, SA News Editor9 Comments
  • HSBC plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China.
  • If that target is hit, the new additions will mean HSBC will have hired twice as many people for the business as it did in 2016, suggesting its growth in the region remains strong.

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