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BBC: HSBC says 1,200 workers face axe

Started by riky, March 25, 2009, 10:02:45 AM

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riky

March 25, 2009, 10:02:45 AM
HSBC says 1,200 workers face axe

Europe's biggest bank HSBC has said that 1,200 of its staff in the UK could face redundancy, after recently approving a £12.5bn rights issue to improve its finances.

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