HSBC to shed 20 jobs in North

Banking giant HSBC is to axe hundreds of jobs, including 20 in the North, in response to a "very challenging" economic environment.

HSBC to shed 20 jobs in North
Mon, 05 Dec, 2011 - 14:05

Banking giant HSBC is to axe hundreds of jobs, including 20 in the North, in response to a "very challenging" economic environment.

The bank, which was hit by a £10.5m (€12.22m) fine today for giving "inappropriate investment advice" to elderly customers, said around 330 jobs will be lost.

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<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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