02 Aug '11, 3am

HSBC to hire 15,000 in emerging markets by 2014

HONG KONG: Global banking giant HSBC will hire up to 15,000 people in emerging markets over the next three years, a spokeswoman said Tuesday, a day after it announced plans to slash 30,000 jobs worldwide. "The bank will be hiring three to five thousand people in emerging markets per year," an HSBC Hong Kong spokeswoman told AFP. "That makes out to be around 15,000 in the next three years." The British-based lender said on Monday that it would axe 30,000 jobs by 2013, which represent about 10 per cent of its global workforce, as it looked to slash costs. It said the initial round of 5,000 job cuts would be in Latin America, the United States, Britain, France and the Middle East. However the bank also signalled it would focus more heavily in fast-growing markets, and on Tuesday released a separate statement outlining its prospects in Asia. Asia contributed 59 per cent of the...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

HSBC says it plans to hire up to 15,000 people ...

todayonline.com 02 Aug '11, 11pm

SINGAPORE - HSBC, Europe's largest bank, said yesterday that it plans to hire up to 15,000 people in emerging markets such...

After Credit Suisse, HSBC is the latest banking giant to announce heavy job cuts of 30,000 worldwide over next 2 years.

After Credit Suisse, HSBC is the latest banking...

sg.news.yahoo.com 02 Aug '11, 6am

HSBC will slash 30,000 jobs worldwide over the next two years as it looks to slash costs, the global banking giant announc...

New blog post: Google should hire this guy

blog.dk.sg 04 Aug '11, 12pm

If someone did this and wants to work for you, it’s hard to say no. Google should really hire Matthew Epstein . Within 36 ...

HSBC to slash 30,000 jobs worldwide over the next two years as part of cost-cutting measures

HSBC to slash 30,000 jobs worldwide over the ne...

straitstimes.com 02 Aug '11, 12am

HSBC will slash 30,000 jobs worldwide over the next two years as it looks to slash costs, the global banking giant announc...

World markets slide on rising concern over global economy: LONDON - Global equities sank and the dollar firmed a...

World markets slide on rising concern over glob...

channelnewsasia.com 02 Aug '11, 10am

LONDON - Global equities sank and the dollar firmed against the euro on Tuesday as investors focused on weakness in the wo...

HSBC set to axe 10,000 jobs from global workforce

todayonline.com 31 Jul '11, 11pm

LONDON - HSBC, Europe's biggest bank, plans to announce thousands of job cuts today as part of a wide-ranging cost-reducti...

Global banking giant HSBC to announce next week plans to cut 10,000 to 15,000 jobs in the coming year

Global banking giant HSBC to announce next week...

straitstimes.com 30 Jul '11, 11pm

Global banking giant HSBC will announce next week plans to axe between 10,000 and 15,000 jobs in the coming year as part o...

Singapore Flyer tickets for students are up for...

singaporeflyer.com 04 Aug '11, 8am

My niece and I took Singapore Flyer on a showery day, but it was still an amazing experience. We'd opted for the cocktail ...

Tokyo shares plunge more than 4% in early trade after sharp sell-off on US and European markets

Tokyo shares plunge more than 4% in early trade...

straitstimes.com 05 Aug '11, 12am

Pedestrians are reflected on a stock index board outside a brokerage in Tokyo. -- PHOTO: REUTERS HONG KONG - ASIAN stock m...