Similar Stories to Hsbc Sets New Cost Cutting, Profit Targets After 2019 Profit Falls 33% on Bing News

Reuters: Business News, Reuters: Business
Mon, 02/17/2020 - 9:30pm

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.

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Topics:  hsbc holdings plc   europe   cost   profit   banking   
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