HSBC misses expectations on 2019 pre-tax profit, will reportedly slash 35,000 jobs

HSBC misses expectations on 2019 pre-tax profit, will reportedly slash 35,000 jobs

HSBC logo is displayed outside a branch of in the United Kingdom.

Matt Cardy | Getty Images

HSBC is scheduled to report its earnings for the full year of 2019 this afternoon — and investors are expecting the largest bank in Europe to warn of challenging times ahead.

Analysts have expected HSBC’s report card for last year to largely match that of 2018, when reported pre-tax profits were…

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