LONDON (Reuters) – HSBC (HSBA.L) ,Europe's biggest bank said it would shut most of its U.S. consumer lending business, cutting 6,100 jobs, but that it was ready for acquisitions in its traditional stronghold of Asia where many banks are pulling out to focus on their core markets.
Monday, March 2, 2009
HSBC slashes 6,100 U.S. jobs, sets huge share sale
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