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: Follow us on Twitter: Find us on Facebook: Check our website: #KBCchannel1 #KBCNewsHour #KBClive