
HONG KONG -- HSBC Holdings, which plans to cut about 35,000 jobs globally by 2022, is sticking with its plan to hire 500 additional wealth managers and retail bankers in Asia to tap into the fastest-growing wealth-management market in the world, despite the uncertainty from the coronavirus epidemic afflicting the region.
The new hires will be in Hong Kong, Singapore and mainland China, and add to the 800 others -- including private-bank relationship managers, investment counselors and product specialists -- who have already joined the London-headquartered bank in Asia since 2017, HSBC said on Monday.