|Bid||492.85 x 0|
|Ask||493.00 x 0|
|Day's range||489.70 - 493.95|
|52-week range||427.51 - 567.20|
|Beta (5Y monthly)||0.50|
|PE ratio (TTM)||10.05|
|Earnings date||21 Feb 2023|
|Forward dividend & yield||0.22 (4.25%)|
|Ex-dividend date||18 Aug 2022|
|1y target est||6.43|
HONG KONG/LONDON (Reuters) -HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said. The global job cuts at the London-headquartered bank will fall across several business units and geographical locations and result in the loss of at least 200 positions, mostly with the title of Chief Operating Officer (COO), the sources said. HSBC, which used to position itself as the world's local bank, employs many COOs because country and business lines have their own separate COO, the sources said.
Here is how HSBC (HSBC) and Banco De Chile (BCH) have performed compared to their sector so far this year.
HSBC decides to close almost a quarter of its U.K. branches as customers are moving toward online banking.