HSBC to wind down German business for transaction services, over 300 jobs to be phased out
6 Articles
6 Articles
The traditional Düsseldorf bank is shrinking further. Now it is piling up its transaction business. More than 300 employees have to go. It is the next chapter of the eventful history.
The British bank HSBC wants to focus on business in Asia. Now it closes divisions in Germany. This meets more than 300 employees.
HSBC is winding down its transaction services business in Germany, which will result in the loss of more than 300 jobs, a bank spokesperson confirmed on Wednesday. We will be discussing the future of the banking sector in depth at Portfolio's Future of Finance conference on September 23, so come and join us for this professional event!
The British major bank HSBC handles business in Germany. This has consequences for hundreds of employees.
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