HSBC

Number not reported

Banking and finance · Updated
  • Reported: no number reported
  • Global
  • AI cited by the Financial Times
  • +4 more reports

Reported: HSBC is planning job cuts in its UK wealth business affecting about half of management and specialist roles and closer to 70% of advisers, according to the Financial Times (7 Oct 2026). HSBC told AFP it is "currently in a consultation period" but has not confirmed the scale. AI cited by the Financial Times. Impact on Australian roles not confirmed.

Summary

Reported: HSBC is planning job cuts in its UK wealth business affecting about half of management and specialist roles and closer to 70% of advisers, according to the Financial Times (7 Oct 2026). HSBC told AFP it is "currently in a consultation period" but has not confirmed the scale. AI cited by the Financial Times. Impact on Australian roles not confirmed.

Headcount

Australian and worldwide figures are kept separate. We never add reports together or average them.

Australian roles
Not confirmed
Impact on Australian roles not confirmed
Worldwide roles
Number not reported

Location:Global · UK

Departments

Only where a source gives numbers. Teams under 5 roles are grouped as Other.

Breakdown not stated in reports.

Reports

5 reports, newest first. Each figure is what that source said.

  1. Reported: not announced by the organisationCNBCNo number
  2. Reported: not announced by the organisationFinancial TimesNo number
  3. Reported: not announced by the organisationGlobal Banking & Finance Review (Reuters)No number
  4. Reported: not announced by the organisationCity AMNo number
  5. Reported: not announced by the organisationAFP (via France24)No number

Locations

Global · UK

All HSBC entries →

How we tag sources

Official means the organisation's own announcement or filing, a regulator, a government body or a union. Unofficial means a named media report the organisation hasn't confirmed. Reported means a named source has reported cuts the organisation hasn't announced. A card shows the tag of the source for its figure.

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