Topic - Stuart Gulliver

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HSBC Holdings, Britain's largest bank by market value, will cut between 22,000 and 25,000 jobs around the world in an attempt to reduce costs and shift its centre of gravity back towards fast-growing Asian economies. (Associated Press)

Layoffs at world’s biggest banks reflect a new business model

By Brennan Weiss - The Washington Times

People use ATM machines outside a branch of HSBC in London in this Wednesday, Feb. 18, 2015, file photo. (AP Photo/Matt Dunham)

HSBC, Europe’s biggest bank, to testify on tax scandal

By Danica Kirka - Associated Press