cost savings
HSBC investors back CEO’s investment banking retrenchment
By Arun Jain
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(Corrects first name of HSBC CEO in paragraph 4, date of results in paragraph 7) Planned cuts and fears of more dent morale, sources ...
ADM Plans to Cut Jobs as Profits Head for Third Year of Declines
By Arun Jain
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(Bloomberg) — Archer-Daniels-Midland Co. said it will reduce its work force as the company expects profits to decline for a third straight year. The ...