The downsizing will be done through layoffs, natural attrition, and reassignments within HSBC's operations in China.

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HSBC (OTCPK:HBCYF) (NYSE:HSBC) is reducing the workforce at its China digital wealth business Pinnacle by nearly half, or ...

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has moved at pace to reorganise the bank’s sprawling empire - Paul Yeung/Bloomberg HSBC is preparing to axe thousands of jobs across Britain as it increases its focus in China. The 160-year-old ...

HSBC (HSBC) is cutting staff numbers at its China digital wealth business Pinnacle by about 900 people, or nearly half of the unit, Reuters’ Selena Li reports. Pinnacle was launched in 2020 and ...

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HSBC (OTCPK:HBCYF) (NYSE:HSBC) is reducing the workforce at its China digital wealth business Pinnacle by nearly half, or about 900 people, Reuters reported citing sources familiar with the matter.