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<title><![CDATA[RSS for Stuart Gulliver]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about Stuart Gulliver on FOXBusiness.com.]]></description>
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<title><![CDATA[HSBC may cut 14,000 more jobs as revenue faces pressure]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/hsbc-may-cut-14000-more-jobs-as-revenue-faces-pressure/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/hsbc-may-cut-14000-more-jobs-as-revenue-faces-pressure/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 10:06:08 EDT]]></pubDate>
<description><![CDATA[HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue.]]></description>
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<title><![CDATA[HSBC May Cut 14K Jobs in Cost-Cutting Effort]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/05/15/hsbc-may-cut-14k-jobs-in-cost-cutting-effort/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/05/15/hsbc-may-cut-14k-jobs-in-cost-cutting-effort/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 07:13:10 EDT]]></pubDate>
<description><![CDATA[Europe's biggest bank could slash up to 14,000 jobs as it looks to shed $3 billion in costs by 2016 amid sluggish growth outside the Asia region.]]></description>
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<title><![CDATA[HSBC says will be challenge to hit RoE target this year]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/hsbc-says-will-be-challenge-to-hit-roe-target-this-year/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/hsbc-says-will-be-challenge-to-hit-roe-target-this-year/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 02:58:13 EDT]]></pubDate>
<description><![CDATA[HSBC said hitting its profitability target this year will be a challenge as the run-off of its U.S. loan book remains a drag, but it said it would stick with its goal to get return on equity (RoE) over 12 percent.]]></description>
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<title><![CDATA[HSBC may cut up to 14,000 more jobs: slides]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/hsbc-may-cut-up-to-14000-more-jobs-slides/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/hsbc-may-cut-up-to-14000-more-jobs-slides/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 02:17:08 EDT]]></pubDate>
<description><![CDATA[HSBC could cut another 14,000 jobs as part of the next phase of its plan to cut up to $3 billion more in annual costs and slim down, it said on Wednesday.]]></description>
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<title><![CDATA[HSBC Sets Fresh Cost-Cut Plan]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/hsbc-sets-fresh-cost-cut-plan/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/hsbc-sets-fresh-cost-cut-plan/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 01:25:05 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HBC) said Wednesday it plans to further cut costs of US$2 billion to US$3 billion via streamlining processes and procedures by 2016.]]></description>
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<title><![CDATA[HSBC targets additional $2-3 billion cost savings by 2016]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/15/hsbc-targets-additional-2-3-billion-cost-savings-by-2016/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/15/hsbc-targets-additional-2-3-billion-cost-savings-by-2016/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 00:32:40 EDT]]></pubDate>
<description><![CDATA[HSBC said on Wednesday that the bank would target an additional $2 billion to $3 billion in cost savings between 2014 and 2016, as the bank axes jobs and sells noncore businesses with less than a year left in the first phase of its restructuring plan.]]></description>
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<title><![CDATA[HSBC Could Announce More Layoffs]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/hsbc-could-announce-more-layoffs/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/hsbc-could-announce-more-layoffs/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 22:35:03 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HBC) could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its website Sunday without citing specific sources.]]></description>
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<title><![CDATA[HSBC Could Announce More Layoffs -Report]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/hsbc-could-announce-more-layoffs-report/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/hsbc-could-announce-more-layoffs-report/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 22:26:31 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HBC) could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its website Sunday without citing specific sources.]]></description>
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<title><![CDATA[Factbox: Targets and changes at HSBC under CEO Gulliver]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/factbox-targets-and-changes-at-hsbc-under-ceo-gulliver/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/factbox-targets-and-changes-at-hsbc-under-ceo-gulliver/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 19:09:27 EDT]]></pubDate>
<description><![CDATA[HSBC Chief Executive Stuart Gulliver will update investors on Wednesday on how he is doing in meeting his targets more than two years into a 3-year restructuring plan at Europe's biggest bank.]]></description>
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<title><![CDATA[HSBC boss can do more to cut bank down to size]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/hsbc-boss-can-do-more-to-cut-bank-down-to-size/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/hsbc-boss-can-do-more-to-cut-bank-down-to-size/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 19:06:30 EDT]]></pubDate>
<description><![CDATA[HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by Chief Executive Stuart Gulliver, and analysts are expecting more.]]></description>
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<title><![CDATA[HSBC Profit Surges as Bad Loans Fall]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/hsbc-profit-surges-as-bad-loans-fall/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/hsbc-profit-surges-as-bad-loans-fall/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 05:05:02 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HBC) Tuesday said an uncertain global economy weighed on revenue growth in the first quarter, but underlying profits surged as bad loans fell and the bank made more money from businesses and mortgage borrowers in the U.K. and Hong Kong.]]></description>
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<title><![CDATA[HSBC First-Quarter Profit Surges as Bad Loans Fall]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/hsbc-first-quarter-profit-surges-as-bad-loans-fall/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/hsbc-first-quarter-profit-surges-as-bad-loans-fall/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 04:55:20 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HBC) Tuesday said an uncertain global economy weighed on revenue growth in the first quarter, but underlying profits surged as bad loans fell and the bank made more money from businesses and mortgage borrowers in the U.K. and Hong Kong.]]></description>
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<title><![CDATA[HSBC says first-quarter profits jump to $8.4 billion as bad debts drop]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/07/hsbc-says-first-quarter-profits-jump-to-84-billion-as-bad-debts-drop/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/07/hsbc-says-first-quarter-profits-jump-to-84-billion-as-bad-debts-drop/</guid>
<pubDate><![CDATA[Tue, 07 May 2013 04:25:52 EDT]]></pubDate>
<description><![CDATA[HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs fell, with Europe's biggest bank showing the benefit of a 3-year restructuring plan.]]></description>
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<title><![CDATA[Costs centre stage for HSBC, French bank results]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/06/costs-centre-stage-for-hsbc-french-bank-results/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/06/costs-centre-stage-for-hsbc-french-bank-results/</guid>
<pubDate><![CDATA[Mon, 06 May 2013 19:08:32 EDT]]></pubDate>
<description><![CDATA[HSBC is expected to almost double first quarter profits to about $8 billion on Tuesday helped by a fall in costs and bad debts and showing the benefits of a three-year restructuring that is nearly complete.]]></description>
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<title><![CDATA[HSBC to Cut Around 1,150 U.K. Jobs]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/23/hsbc-to-cut-around-1150-uk-jobs/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/23/hsbc-to-cut-around-1150-uk-jobs/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 11:05:05 EDT]]></pubDate>
<description><![CDATA[HSBC Holdings PLC (HSBA.LN) on Tuesday said it would cut around 1,150 jobs in the U.K.]]></description>
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<title><![CDATA[HSBC to Slash 1,149 UK Jobs in Latest Round of Cutbacks]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/04/23/hsbc-to-slash-114-uk-jobs-in-latest-round-cutbacks/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/04/23/hsbc-to-slash-114-uk-jobs-in-latest-round-cutbacks/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 08:31:33 EDT]]></pubDate>
<description><![CDATA[The cuts are part of a three-years revival plan by the bank's CEO to reduce costs and raise returns.]]></description>
<media:thumbnail>http://global.fncstatic.com/static/managed/img/fb2/news/HSBC-Branch.jpg</media:thumbnail>
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<title><![CDATA[HSBC to cut 1,149 UK jobs in new cost-cutting drive]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/23/hsbc-to-cut-114-uk-jobs-in-new-cost-cutting-drive/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/23/hsbc-to-cut-114-uk-jobs-in-new-cost-cutting-drive/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 07:32:20 EDT]]></pubDate>
<description><![CDATA[HSBC is cutting 1,149 jobs in Britain in another round of redundancies to save money and slim down Europe's biggest bank.]]></description>
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<title><![CDATA[Report: HSBC Eyes Another 5K Job Cuts]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/03/18/report-hsbc-eyes-another-5k-job-cuts-as-part-1b-savings-plan/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/03/18/report-hsbc-eyes-another-5k-job-cuts-as-part-1b-savings-plan/</guid>
<pubDate><![CDATA[Mon, 18 Mar 2013 09:12:31 EDT]]></pubDate>
<description><![CDATA[The British banking giant is reportedly considering cutting another 5,000 jobs as part of a $1 billion savings plan.]]></description>
<media:thumbnail>http://global.fncstatic.com/static/managed/img/fb2/news/HSBC-london.jpg</media:thumbnail>
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<title><![CDATA[LONDON MARKETS: HSBC Weighs On U.K. Stocks After Results]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/04/london-markets-hsbc-weighs-on-uk-stocks-after-results/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/04/london-markets-hsbc-weighs-on-uk-stocks-after-results/</guid>
<pubDate><![CDATA[Mon, 04 Mar 2013 12:19:25 EST]]></pubDate>
<description><![CDATA[Shares of heavyweight bank HSBC Holdings PLC led U.K. stocks lower on Monday, after the bank reported a drop in full-year profit, while miners added pressure after tighter property-mortgage rules in China.]]></description>
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<title><![CDATA[HSBC Raises Dividend Payout]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/03/04/hsbc-to-increase-dividend-payout/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/03/04/hsbc-to-increase-dividend-payout/</guid>
<pubDate><![CDATA[Mon, 04 Mar 2013 07:32:58 EST]]></pubDate>
<description><![CDATA[HSBC is to increase dividend payouts this year, a sign that Europe's largest bank has regained its financial strength even though full-year profits fell more than expected.]]></description>
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