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HSBC restructuring plans may include Lebanon

A banking source has revealed that HSBC's massive worldwide restructuring plan will include its branches in Lebanon, The Daily Star has reported. London-based HSBC Holdings has recently announced restructuring plans which will include eliminating thousands of jobs worldwide by the end of 2013. HSBC Lebanon chief executive officer Francois Pascal de-Maricourt has asserted that he was quite satisfied by the performance of his bank in Lebanon.