, 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.

bloomberg.com/news/articles/…
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
Commerzbank
Santander
HSBC
Alfa Bank
Barclays
Santander
Societe Generale
Citigroup
BNP Paribus
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