the headlines might throw you off as being in tune with Global markets where bans are bleeding but as the dealstop gets hot, many i bankers are moving around without CS or UBS in the play. HSBC has operationalised job cuts for 20% of its workforce primarily from the unsecured loans and retail business, unliely to be account staff or other branch front office personnel. 12000 jobs are being cvut even as there is no public news from rBI or the banks on the HSBC RBS private bank merger

Posted via email from The India Investment Post