HSBC cuts 10% of US debt capital markets team, Bloomberg News reports
ReutersFeb 19, 2026 11:18 PM
Feb 19 (Reuters) - HSBC HSBA.L cut 10% of its U.S.-based debt capital markets team, continuing to cull costs after announcing a revamp of the business last October, Bloomberg News reported on Thursday, citing people familiar with the matter.
At least six people in New York were let go on Thursday, the report added.
Reuters could not immediately verify the report.
HSBC did not immediately respond to a Reuters request for comment.
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