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Get And Sign US Government013111 Investor Funds HSBC Form

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HSBC is part of the big banking story that we've been covering this year and there are another hundred or hundreds of job cuts in HSBC's investment bank Bloomberg sources say they could start within weeks it's been a very tough year for European lenders Spain Santander and Caixa Bank are eliminating thousands of roles with the likes of sack Jan and UBS also affected joining us now to talk more about this as Bloomberg's Stephanie ashati why is first off HSBC doing this is just just a cost-cutting measure - I know they want to get a positive jaws which is yeah this but basically what they missed in 2018 so they're trying to take you know every step pause it's their jaws target exactly 28 which is just to explain yeah that's kind of Bank slang for for revenue rising faster than costs yes exactly so this is what they want to achieve they want to have a faster revenue growth than basically the code then you know then cost so that's why this is basically there's a job card they are part of a

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