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HSBC Holdings plc (HSBC) will gradually exit its German transaction services business, with over 300 job cuts expected by 2028.
HSBC Holdings plc will gradually exit its German transaction services business, with over 300 positions expected to be cut by 2028. This move is part of its broader restructuring strategy, aimed at strengthening businesses with competitive advantages and growth opportunities, and reducing its exposure to the German market.
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