The number of employees could fall from about 235,000 to about 200,000, said interim group chief Executive, Noel Quinn, the Bloomberg news Agency on Tuesday. By the weak business in 2019, the Bank had halved the profit for the year was practically six billion dollars.

Quinn had taken over the Post of CEO in the past year, after the surprising resignation of John Flint in the summer of acting. The Board of Directors chief Mark Tucker had said at the time that the search for a new boss could take six to twelve months. In the notice to the annual figures it was just that there was nothing New to the chief search and the timetable stand.

As a response to the modified cost-reduction program, the HSBC shares were traded on Tuesday in London, 5.7 per cent weaker. The corona virus epidemic hit the Bank hard, so a financial expert. In your main Asian location, Hong Kong financial institutions have closed, in the meantime, 30 percent of the branches or employees in part-time sent. HSBC has to time, both directly and through subsidiaries, approximately 30,000 people in the former British crown colony. The strong link with the city is for the British Bank, more and more of the load factor.

HSBC Holdings (Sp.ADRs) 33,00 EUR -1,80 (-5,17%) Frankfurt

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according to the news Agency Bloomberg, more, HSBC wants to put the ailing corporate customers in Hong Kong short-term liquidity loans of up to four billion US dollars ready. Thus, the local government and the economy should be stabilized. The metropolis has been suffering from a economic downward spiral, triggered first by the student protests, now by the Coronavirus spread had accelerated.

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