UPDATE 1-HSBC sets new cost cutting, profit targets after 2019 profit falls 33%
HSBC Holdings PLC
on Tuesday unveiled plans to cut costs and simplify its
structure to boost earnings, after its 2019 profit dropped 33%
hit by one-time write-offs linked to its investment banking and
commercial banking businesses in Europe.
on Tuesday unveiled plans to cut costs and simplify its
structure to boost earnings, after its 2019 profit dropped 33%
hit by one-time write-offs linked to its investment banking and
commercial banking businesses in Europe.
Posted by Reuters
