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HSBC to boost hiring in China, local headcount remains steady

Despite turbulent times in the global banking industry, the jobs of HSBC staff in Hong Kong are safe for now, according to Helen Wong Pik Kuen, the bank's chief executive for Greater China.

Wong Pik Kuen told the Singtao Daily there will be some reshuffling of positions within the Hong Kong business, but the overall headcount will remain the same.

The bank has aggressive hiring plans in China, with 4,000 job openings within the Pearl River Delta. Last December, the bank announced it is considering to establish a regional headquarters in Guangdong to better serve businesses in the Pearl River Delta region.

Wong said the bank will put more effort into hiring over the next 12 to 18 months. Part of the hiring for credit card business has already been completed.  The bank is in the process of recruiting talent for retail banking, wealth management, and commercial banking.

ALSO READ: HSBC and Hang Seng may freeze pay for senior managers

Photo/ 123RF

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