TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at UniversalOm432Hz@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
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- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

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Send your entry and speak out today!

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Featured Post

Operation Disclosure: GCR/RV Intel Alert for October 19, 2019

RV/INTELLIGENCE ALERT - October 19, 2019 (Disclaimer: The following is an overview of the current situation of the world based on intel...

Sunday, October 6, 2019

HSBC to Cut 10,000 More Jobs Over "Project Oak"

HSBC To Slash 10,000 More Jobs As Ax Falls On "Project Oak"

by Tyler Durden
Sun, 10/06/2019 - 19:05

Amid plunging European (and global) interest rates, Brexit uncertainty at home, and social unrest abroad (collapsing Hong Kong property prices and ATMs running out of cash), UK-based banking behemoth HSBC is reportedly implementing a global cost-cutting effort known internally as "Project Oak."



On top of around 4,700 planned layoffs, The FT reports that new interim CEO Noel Quinn - following the departure of John Flint - is planning cost-cutting measures that could result in 10,000 layoffs. According to one of the people briefed on the matter:

“We’ve known for years that we need to do something about our cost base, the largest component of which is people - now we are finally grasping the nettle."

“There’s some very hard modelling going on. We are asking why we have so many people in Europe when we’ve got double-digit returns in parts of Asia.”

U.S. Companies Added 135,000 Jobs in September: ADP

HSBC’s latest cost-cutting drive will reportedly focus mainly on high-paid roles, and will be implemented under a scheme known as “Project Oak”, which tried to encourage executives and managers to shrink their teams by offering funding from a central pot of money to cover redundancy payouts.

HSBC's move comes as global banks (Deutsche Bank most recently following cuts at Barclays, SocGen, and Citi) make tens of thousands of staff redundant as the industry contends with low or negative interest rates and weak investment banking revenues.

Finally, The FT notes that HSBC could announce that it has begun the cost-cutting exercise when it reports third-quarter results later this month, one of the people said, although the bank has not yet made a final decision on when to make the plan public.

Source: Zero Hedge
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We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More