Bloomberg: HSBC Tells Bankers to Reduce Travel, Get ‘Smarter’ With Bookings

Discussion in 'General Discussion | Travel' started by JohnDeere19, Oct 17, 2011.  |  Print Topic

  1. JohnDeere19
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    JohnDeere19 Gold Member

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    HSBC Holdings Plc (HSBA), Europe’s biggest bank, is telling employees to reduce travel and become more savvy in shopping around for flights and rooms as concern about a global economic slowdown prompts a push to rein in spending.

    HSBC’s travel volumes will almost certainly decline over the next 12 months, Lee Whiteing, the London-based bank’s travel and company-car manager for Europe, the Middle East and Africa, said today at the Business Travel Market conference in London.
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