HSBC lays off at least a dozen Asia dealmakers amid weaker activities

HSBC lays off at least a dozen Asia dealmakers amid weaker activities

FILE PHOTO: A logo of HSBC is displayed at a tram station outside its headquarters building in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip/File Photo

HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday.