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FILE - In this May 4, 2018, file photo, a man walks past a branch of HSBC bank in Hong Kong. Europe's biggest bank has reported that its net profit fell 53% in 2019 to $6 billion. London-based HSBC, whose profit is mainly from Asia, said it plans to revamp its U.S. and European business and shed $100 billion in assets to improve its profitability.  (AP Photo/Kin Cheung, File)

HSBC cuts headcount by 35,000 in deep overhaul

Feb. 18, 2020 8:51 AM EST

LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus. The interim chief executive, Noel Quinn, said Tuesday...

Anti-government demonstrators hold a national flag as burning tires block a road during a protest in Beirut, Lebanon, Thursday, Jan. 16, 2020. Lebanese protesters Thursday decried security forces' use of violence during rallies over the past two days, including attacks on journalists and the detention of over 100 people. (AP Photo/Bilal Hussein)

Lebanese protesters decry security forces' use of violence

Jan. 16, 2020 5:32 PM EST

Lebanese protesters Thursday decried security forces' use of violence during rallies over the past two days, including attacks on journalists and the detention of over 100 people. Dozens of people, including journalists, rallied outside the Interior Ministry denouncing what they said was the systematic use of...

Anti-government protesters break a bank security camera as other smashes the widows, during ongoing protests against the Lebanese central bank's governor and against the deepening financial crisis, at Hamra trade street, in Beirut, Lebanon, Tuesday, Jan. 14, 2020. Lebanese security forces lobbed tear gas at protesters who responded with rocks outside the country's central bank Tuesday, a violent turn after demonstrators returned to the streets following a weekslong lull. (AP Photo/Hussein Malla)

Pitched clashes near Lebanon's central bank amid protests

Jan. 14, 2020 5:41 PM EST

BEIRUT (AP) — Lebanese security forces fired volleys of tear gas at protesters who responded with rocks outside the country's central bank in pitched street battles that lasted for hours late Tuesday. The clashes ended a day of rallies that followed a lull in the three-months-long protests. The street...