As part of its plan to save $2.5B-3.5B, HSBC (HBC +3.3%) is cutting 5,000 jobs and has...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

As part of its plan to save $2.5B-3.5B, HSBC (HBC +3.3%) is cutting 5,000 jobs and has "initiated more efficient business operating models for commercial banking, retail banking and wealth management." (PR) (see also)