HSBC to cut 25,000 jobs, slash billions from costs

HSBC will cut costs by as much as $5 billion within two years, laying off as many as 25,000 staff, the banking behemoth has told investors in a much-anticipated update.

HSBC to cut 25,000 jobs, slash billions from costs source: http://finance.yahoo.com/news/hsbc-cut-25-000-jobs-063133986.html