HSBC

Type
Business expansion
Country
United Kingdom
Region
Scotland; East Central Scotland; City of Edinburgh
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
247 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/62926.