HSBC is reportedly continuing to downsize its equities team in Germany.

date
26/07/2025
HSBC Holdings Limited is planning to lay off some employees from its stock team in Germany, as the company continues to reduce its investment banking department outside of Asia and the Middle East. According to sources familiar with the matter, HSBC is preparing to cut stock sales and trading positions in its Dusseldorf office. These individuals, who declined to be named because they were not authorized to discuss private information, stated that this move is part of CEO Georges Elhedery's restructuring plan for the investment banking division.