HSBC (HSBC) Holding dismissed over two dozen analysts as the company embarks one of its largest restructurings of a Wall Street research department in recent years, Ambereen Choudhury, Kerim Karakaya, Nicolas Parasie, and Denise Wee of Bloomberg reports. Most of the cut were in Europe, people familiar with the matter said. As part of the changes, the bank is combining macro strategy across asset classes, one source added.
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