Business expansion
United Kingdom
Location of affected unit(s)
Edinburgh, Hamilton and other locations
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

500 jobs
Number of planned job creations
Job creation
Announcement Date
20 June 2017
Employment effect (start)
Foreseen end date
31 March 2018


HSBC has announced plans to create 500 new jobs across Scotland. The bank will add jobs at its call centre in Hamilton, as well as increasing the size of its Edinburgh-based global risk operations. The exact numbers which will be added at each site have not been reported. HSBC already employs 4,000 workers in Scotland and the First Minister Nicola Sturgeon has welcomed the latest announcement as the company seeks to increase its already high profile in the country. The jobs will be brought in over the coming six to nine months.

In 2015, HSBC initiated a large-scale restructuring across its UK operations aiming to cut up to 8,000 jobs. The last batch of branch closures related to this restructuring effort are set to take place in 2017.


  • 20 June 2017: BBC Website


Eurofound (2017), HSBC, Business expansion in United Kingdom, factsheet number 91414, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91414.