HSBC Cuts 10% of US Debt Capital Markets Team Amid Overhaul

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Why This Matters

HSBC has reduced its US debt capital markets team by 10% as part of its business overhaul, indicating a cost-cutting strategy.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

HSBC cut 10% of its US-based debt capital markets team, continuing to cull costs after announcing a revamp of the business last October, according to people familiar with the matter.

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Original article published by Bloomberg on February 20, 2026.
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