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INT76International/BusinessBritain's HSBC to axe 1,100 jobsLondon, Sep 26 DPA British banking giant HSBC Holdings PLC is to cut 1,100 jobs worldwide, the company said Friday, blaming the cuts on the world More banking articles A bank, [bæŋk] also known as a banke, bancke, banque, or banck, is a business that provides banking services for profit. Traditional banking services include receiving deposits of money, lending money and processing transactions. Some banks (called Banks of Issue) issue banknotes as legal tender. Many banks offer ancillary financial services to make additional profit; for example: selling insurance products, investment products or stock broking.
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