HSBC terminated investment bankers on the same day they were supposed to find out how much their bonuses were to be for 2024 ...

HSBC issued no bonuses to axed investment bankers, despite letting them go on the day they were set to learn their pay award ...

According to FT, the decision was taken as part of a larger plan to cut costs under HSBC's new CEO, Georges Elhedery, who ...

HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in ...

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — ...

But bankers at vice-president level and above within HSBC’s investment banking unit who had their employment terminated as part of the restructuring received no bonus, the people said.