±á³§µþ°ä’s is still on despite reports the bank is planning to axe thousands more staff.
National reports claim the global bank plans to make cuts across the world in a bid to reassure shareholders that bosses are focusing on trimming costs.
It is understood that chief executive Stuart Gulliver will next week set out a target for between 10,000 and 20,000 job losses by the end of 2017 at a presentation for investors.
However, the Post understands it does not impact on proposals to base its º£½ÇÊÓƵ in Birmingham from 2018.
The business has bought ahead of the move and signed a 250-year lease ahead of shifting 1,000 roles from London.
º£½ÇÊÓƵ-based HSBC is Europe’s biggest lender and employed 258,000 people at the end of last year.
An HSBC spokesperson declined to comment.
