HSBC’s Roberts Discusses Job Cuts, Strategy, US Tariffs

The head of HSBC’s new global wholesale banking division said the lender will seek to wrap up an ongoing restructuring “very quickly” and could announce the first round of job cuts within weeks. Michael Roberts spoke with Bloomberg’s Manus Cranny about the banks restructuring, how the markets reacted to Donald Trump’s election win, and the impact of potentially higher tariffs coming out of the US.
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