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Companies

HSBC hires 100 wealth advisers in China

Bank also setting up fintech venture as it eyes bigger share of growing market

HSBC's offices in Hong Kong: The bank is expanding its wealth management services in China.   © Reuters

HONG KONG -- HSBC Holdings has hired 100 wealth advisers and is setting up a fintech venture in China as part of a plan to increase investment in the mainland despite plans to slash as much as 35,000 staff globally.

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