The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
247 jobs Number of planned job creations
Announcement Date
13 February 2006
Employment effect (start)
Foreseen end date
Description
Banking giant HSBC is to create 247 jobs with the aid of a £1 million Scottish Executive grant. Deputy Enterprise Minister Allan Wilson said the financial sector was very important to Scotland's economy. 'The financial services sector is one of Scotland's most important and HSBC's plans to expand its Edinburgh operation show that the industry continues to thrive'.
Sources
13 February 2006: BBC News
Citation
Eurofound (2006), HSBC, Business expansion in United Kingdom, factsheet number 62926, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62926.
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