The British bank HSBC plans to suppress 35,000 jobs worldwide in the next three years, 15% of its workforce, within the framework of a radical cost-cutting plan, explained on Tuesday the interim director of the banking giant, Noel Quinn, in an interview with Bloomberg News .
HSBC, the largest bank in Europe, today announced that its attributed profits decreased 53% in 2019 compared to the previous year, to 6,000 million dollars (5,538 million euros). Quinn believes that the results are due to a deterioration of commercial funds.
Some business areas, it is assured in the income statement last year, are not offering acceptable returns and the group is drawing up a plan to "increase returns for investors, build capacity for future investments and build a platform for growth" .
Profit before tax was 13.3 billion dollars (12.280 million euros), 33% less than in 2018, while operating profits decreased 36.65% to 10.993 million dollars (10.149 million euros) . Total operating income in 2019 stood at 71,024 million dollars (65,562 million euros), 11.7% higher than the previous year.
The bank will also try to reduce some of its operations in Europe and move them to Asia.
The entity will pay a dividend of $ 0.51 (0.47 euros) per ordinary share, the same amount as after the year of 2018, while total dividends increased 0.8% to $ 10,269 million ($ 9,481 million). euros).