Type
Business expansion
Country
United Kingdom
Region
Scotland;
Location of affected unit(s)
Scotland
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

205 jobs
Number of planned job creations
Job creation
Announcement Date
18 June 2014
Employment effect (start)
18 June 2014
Foreseen end date

Description

Expansion of the three business areas of HSBC will see the creation of a combined total of 205 jobs. The newly created jobs are all based in Scotland. First, an expansion of HSBC's security services businesses will create 100 new project staff. These new positions will be based in Glasgow and Edinburgh. Secondly, 85 new permanent and fixed-term jobs will be created in HSBC's Hamilton contact centre. Thirdly, an additional 20 new jobs will be created across Scotland in the bank's Corporate Banking department, including the creation of a new private banking team that will be located in Aberdeen.

This expansion of HSBC in Scotland follows earlier expansion, including an increased footprint in corporate and commercial banking teams which has seen a substantial increase in the number of specialist jobs in commercial and international banking over the past three years.


Sources

Citation

Eurofound (2014), HSBC Scotland, Business expansion in United Kingdom, factsheet number 77275, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77275.