Market Chatter: HSBC to Shut Transaction Services Business in Düsseldorf, Germany; Over 300 Job Cuts Flagged

04:53 AM EDT, 09/09/2026 (MT Newswires) -- HSBC (HSBA.L) will reportedly shut down its HSBC Transaction Services business in Düsseldorf, Germany, digital media portal Finanz-Szene said Wednesday. The closure would eliminate 300 remaining jobs at the business, along with a further 20 at HSBC Service Company Germany GmbH. The bank did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)