HSBC, Emirates NBD cut jobs in UAE as banks look to reduce costs-sources

DUBAI/ABU DHABI (Reuters) - HSBC Holdings has laid off about 40 bankers in the United Arab Emirates (UAE) and Emirates NBD is cutting around 100 jobs, as banks in the Arab world's second-biggest economy reduce costs, sources familiar with the move told Reuters.The job cuts come at a time of weak economic growth, especially in the region's business hub - Dubai - which is suffering from a property downturn.HSBC's redundancies came after the London-based bank reported a sharp fall in earnings and..