HSBC to freeze salaries, hiring in 2016

HSBC Mong Kok Branch

HSBC Mong Kok Branch Source: Flickr - Canadian Pacific

Europes largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016. On the other hand, ATV (HK) appears to be facing a serious shortage of staff following its decision to stop its morning and afternoon newscasts on the Chinese channel.There were unconfirmed reports recently that up to 300 staff, including several managers, have resigned and that the station could face liquidation within a month.



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