HSBC details Hong Kong job cuts

HSBC says it will lay off 3,000 people in Hong Kong over the next three years as part of its aggressive cost-cutting plan in five places - Hong Kong, the United States, Brazil, Canada and Mexico. Europe's biggest bank said that by the end of 2013 that will involve 30,000 job losses - 10 percent of its staff. ... http://www.euronews.net/