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hsbc

Adidas prepares a credit line of 3,000 million euros

German clothing and sports equipment manufacturer Adidas is finalizing the details of a € 3 billion credit line in which a majority of KfW, the German ICO, will participate, the company said in a statement. Specifically, the German public bank has promised to contribute 2.4 billion of the credit…

The largest European bank plans a workforce cut of 15%

The HSBC Bank, known as the largest credit institution in Europe, plans to reduce its workforce to 15%, which is equivalent to the dismissal of 35,000 workers worldwide in the next three years. The announcement offered by the entity's…