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HSBC reportedly cuts analyst positions in restructuring effort

Summary by Private Banker International
HSBC has reportedly announced the dismissal of more than 25 analysts as part of a restructuring initiative aimed at enhancing operational efficiency. This move also includes the dismissal of Steven Major, the global head of fixed income research, reported Bloomberg, citing people familiar with the matter. This move aligns with the bank’s ongoing organisational changes, which involve the integration of macro strategy functions across various asse…
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Private Banker International broke the news in on Thursday, May 29, 2025.
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