HSBC will seek to recruit banking professionals in “revenue generating” roles to fill 3,000-5,000 jobs in emerging markets, according to a spokesperson for the global banking giant.

In a report by the Financial Times, chief executive Stuart Gulliver announced yesterday that while the group will cut 30,000 jobs by 2013, between 3,000 and 5,000 jobs will be created in Asia and Latin America over the next three years.

An HSBC spokesperson told Recruiter: “We have got businesses in these geographies, and the focus of our investment and the deployment of resources is in emerging markets. The emerging markets have faster-growing GDP and faster-growing trade and investment flows. We have a presence in most of the key markets we want to be in, so that’s where we are going to deploy our investment.

“It will be front-line generating roles – that’s our focus in Asia and the present time. That’s not to say that we won’t do some back office in emerging markets to support those front-line generating roles. Some of our back office is done in China and the front-end revenue generating stuff is done in Hong Kong.”