ECM and cash equity trading unaffected by HSBC cuts

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ECM and cash equity trading unaffected by HSBC cuts

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LONDON, UK - JULY 8, 2016: HSBC Tower (8 Canada Square) in Canary Wharf, London, UK. It is the main headquarters of HSBC Bank. | MAREK SLUSARCZYK/Tupungato - stock.adobe.com

HSBC will not be making cuts to its equity capital markets or its equity trading capabilities after announcing the results of a strategic review on Tuesday. The bank will be reducing headcount in sales and research, but said that its execution ability in ECM will not be affected in any way.

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