British bank to cut 1,700 jobs
on 03/11/2009 14:27:12
The jobs cull in the British banking sector continued today when HSBC said it would cut around 1,700 posts from its UK workforce.
The bank said the biggest cuts will come in its credit card and collections operation, which will be reduced from nine regional offices to two sites in Birmingham.
Further losses will occur among branch network back office staff in the UK.