HONG KONG -- HSBC Holdings on Tuesday revealed plans to cut nearly 35,000 jobs and shrink its U.S. and European operations, as it flagged $7.2 billion in costs as it carries out its third major overhaul in a decade.
Finance
HSBC to cut almost 35,000 jobs and flags $7.2bn in restructuring costs
Bank to focus on Asia operations, as pretax profit for last year falls 33%
