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found 3 stories.
Business
Mercury 04 Nov 09
The jobs cull in the banking sector continued when HSBC said it would cut around 1,700 posts from its UK workforce, but the move could mean more jobs in the West Midlands…
Business blog
Birmingham Post 17 August 09
John Clancy and David Bailey
Despite recent claims to the contrary, Barclays and HSBC were indeed direct beneficiaries of tax-payers’ money in the Great Bailout of the banking system. Although the government did not buy shares in them or directly guarantee their toxic debts, they would have needed both of these had the government not acted to save the rest. We, as taxpayers, saved their sorry assets. We know it. They genuinely don’t, or pretend not to…
Business news
Birmingham Post 3 August 09
Barclays and HSBC shrugged off the near-collapse of the financial system to report combined half-year profits of almost £6 billion today. The duo – which both avoided taxpayer support at the height of last autumn’s crisis – posted profits of nearly £3 billion each, mainly due to strong investment banking results…