Europe’s largest bank HSBC accelerate its restructuring plan slashing costs.

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    Europe’s largest bank by assets HSBC, said it would accelerate its restructuring plan, slashing costs further than previously suggested. The bank made the announcement as it posted a quarterly profit before tax of 3.1 billion dollars down 35 percent from the same period last year. Details of this and more in our international business roundup. Connect with KBC Online; Subscribe to our channel: https://t.ly/86BKN Follow us on Twitter: https://twitter.com/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1news Check our website: https://www.kbc.co.ke/ #KBCchannel1 #KBCNewsHour #KBClive