--HSBC is looking to outsource parts of its fixed income trading business in an effort to cut costs, Bloomberg reports citing unnamed sources.
--The London and Hong Kong-listed lender could save millions of dollars in IT costs via the move, Bloomberg reports, adding that considerations are at an early stage and there's no certainty any deal will be agreed.
--HSBC declined to comment to Bloomberg.
Full story: https://tinyurl.com/yxk5cpcn
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
March 25, 2025 02:05 ET (06:05 GMT)
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