HSBC Hopes 10,000 Job Cuts Leads to $1B in Savings

HSBC Hopes 10,000 Job Cuts Leads to $1B in Savings Play

March 18 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that HSBC is cutting close to 10,00 jobs in hopes of saving 1 billion in operating costs in 2013. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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