http://investorplace.com/2013/05/hsbc-slashes-14k-more-jobs/
With a lackluster global economy pressuring its revenues, HSBC (NYSE:HBC) is looking to save money by cutting more staff.
The bank announced on Wednesday that it will trim about 14,000 workers from its worldwide payroll as part of a bid to save $3 billion in costs. Bank officials indicated that HSBC is encountering difficulty meeting previously-issued return-on-equity forecasts for fiscal 2013, but could still meet those targets between 2014 and 2016, the Wall Street Journal noted.
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