HSBC under lens for hiring candidates linked to govt officials
The bank did not identify the specific country where such hirings could have been made, but said it is cooperating with the investigation by the US markets regulator SEC (Securities and Exchange Commission).
Feb 22, 2016, 16:52 PM ISTHSBC to freeze salaries, hiring in 2016 in battle to cut costs: Sources
Like numerous other global banks, HSBC is in the midst of a cost-cutting drive to boost profitability and returns to shareholders, and is pushing through with plans for annual cost savings of up to $5 billion by 2017.
Jan 31, 2016, 21:55 PM IST