HSBC Cuts Dozens of Analysts Amid Deepening Restructure
HSBC has culled more than two dozen analysts in recent days as Europe's largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. Those affected by the move include Steven Major, HSBC's Dubai-based global head of fixed income research, the people said, asking not to be identified discussing confidential information. Bloomberg's Steven Arons reports. (Source: Bloomberg)
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