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 / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.19 - Other monetary intermediation
100 jobs Number of planned job creations
Announcement Date
14 March 2011
Employment effect (start)
Foreseen end date
Description
HSBC has announced plans to double the number of its branches in Scotland creating 100 new jobs. A new branch will be built in Stirling this summer, followed by a commercial centre in Dundee and major development in Aberdeen.The new branches will offer retail and business banking services. The bank said it has been "steadily and consistently growing" its business in Scotland and recently reported 20% growth across some divisions.
Sources
14 March 2011: BBC
Citation
Eurofound (2011), HSBC, Business expansion in United Kingdom, factsheet number 71754, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71754.