Exclusive: HSBC to cull senior managers, review footprint in strategy shift- sources
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HONG KONG/LONDON (Reuters) - HSBC is set to unveil a fresh round of job cuts targeting senior international managers and shrink its presence in some smaller markets, as part of a wider strategy overhaul, people with knowledge of the matter told Reuters.The changes are expected to be part of a strategy update the lender's interim Chief Executive Noel Quinn will unveil on Feb 18, with a view to boost the profitability of Europe's biggest bank by assets in a tough operating environment, they..