HSBC today said it would cut 3,167 jobs as part of previously announced plans to reduce the bank's global workforce by 30,000 over two years.
The London-headquartered bank added that due to the creation of 950 positions, the net loss for British jobs would total 2,217.
"HSBC is today announcing a restructure of its business in the UK which means that 2,217 people will be leaving the UK Bank during the coming months," Europe's biggest bank said.
"The reduction of roles in the UK follows the group's announcement last year that by the end of 2013, there would be around 30,000 fewer roles within the bank worldwide," the bank said.
HSBC is looking to save up to $3.5 billion by next year under its vast cost-cutting programme. The bank added today that the majority of posts being lost in Britain were in areas of senior or middle management, while none of its 1,250 British branches would shut as a result of the move.
Founded in Hong Kong and Shanghai in 1865, HSBC recently reported soaring annual net profits as growth in Asia and other emerging markets offset euro zone debt losses and costs linked to the bank's exit from the US.
Profit after tax jumped 28% to $16.8 billion in 2011 compared with the previous year.
