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

February 19, 2026 at 10:48 PM
By Carolina Gonzalez, Michael O'Boyle
HSBC Cuts 10% of US Debt Capital Markets Team Amid Overhaul
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.
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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