Reuters reported, citing the Financial Times, proposed cuts across HSBC's UK wealth-management business: about half of management and specialist roles and up to 70% of financial advisers. The figures are attributed to people familiar with the plans, not a final headcount.
What the source says
About half of management and specialist roles; up to 70% of financial advisers; no absolute count reported
Status and limits
Reported · United Kingdom · wealth management; India impact not reported · Event date: 2026-10-07. Last reviewed: 2026-10-28. This entry does not establish current headcount, a future layoff, or an individual worker’s job security.