Home Breadcrumb caret Industry News Breadcrumb caret Industry HSBC creates diploma-qualified advisor force in UK HSBC is planning to cut over 1,000 jobs in the UK. April 23, 2013 | Last updated on April 23, 2013 1 min read HSBC is planning to cut over 1,000 jobs in the UK, reports ft.com. The changes mean the role of commercial financial advisers under its commercial banking umbrella, as well as 942 relationship manager roles (staffed by employees who do not give financial advice) will no longer exist. Instead, says ft.com, the bank will create a “diploma qualified adviser force” of 853 people. This encourages staff to obtain a diploma so they can offer financial advice. Read more. Also read: HSBC retail sells private label credit portfolio HSBC to cut thousands more staff Why no criminal charges for HSBC, demands Warren Save Stroke 1 Print Group 8 Share LI logo