, 3 tweets, 2 min read
HSBC is going to cut 10,000 jobs so they can ship more jobs to #China and other areas in Asia.
Notice this FT article only mentioned “parts of Asia.”

However, this article mentions China, Hong Kong, and Singapore specifically, including Shanghai and Beijing.

BTW, most of these job cuts are across Europe.

And isn’t it interesting that so many of these #BigBanks have money laundering scandals in common?

Deutsche Bank
Alfa Bank
Societe Generale
BNP Paribus
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