VOICED : HSBC seguira atendiendo a clientes

HSBC's Brazilian branch announced it will maintain its presence while undergoing a sale process. The bank plans to cut 50,000 jobs as part of a restructuring that includes selling operations in Brazil and Turkey. Despite the sale, HSBC will continue serving its clients. The sale has raised concerns among Brazilians about the bank's future ownership. HSBC employs over 200,000 people and operates 850 branches in Brazil. The restructuring aims to reduce costs by $4.5 to $5 billion annually by 2017. HSBC's profits fell by 15% in 2014 due to large fines for irregularities.

What major action did HSBC announce as part of its restructuring plan?

• Opening new branches in Brazil

• Cutting 50,000 jobs

• Hiring more employees

• Expanding operations in Turkey

What is the main concern of Brazilians regarding HSBC's sale?

• Reduction in customer service quality

• Increase in banking fees

• Loss of trust and uncertainty about the new owner

• The bank will close all branches

How many people does HSBC employ in Brazil?

• Over 300,000

• Over 100,000

• Over 200,000

• Over 400,000

What is the financial goal of HSBC's restructuring by 2017?

• Double the number of branches

• Expand into new markets

• Increase profits by $10 billion

• Reduce costs by $4.5 to $5 billion annually

What was a significant factor in HSBC's 15% profit drop in 2014?

• High employee salaries

• Poor investment decisions

• Large fines for irregularities

• Increased competition