A top official of the bank who spoke under condition of anonymity to our reporters said retrenchment within the bank is an exercise carried out regularly to ‘weed out’ those who are either unproductive or overstayed their welcome in the bank.
Tag: Banking
HSBC, UBS close Nigeria offices, foreign investment falls
HSBC and UBS have closed their offices in Nigeria, the country's central bank said in a report on Friday as it revealed foreign investment had fallen sharply from a year ago.
Buhari Wants Banking Giant, HSBC, to Return Nigeria’s looted funds
The presidency's call is coming against the backdrop of HSBC's recent declaration that President Muhammadu Buhari's second term would spell doom and stunt Nigeria's economy.
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