Type
Business expansion
Country
United Kingdom
Region
Scotland;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

100 jobs
Number of planned job creations
Job creation
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71754.