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HSBC Encouraging Departures By Offering "Little To Zero" Bonuses For Underperformers

HSBC Encouraging Departures By Offering "Little To Zero" Bonuses For Underperformers HSBC is preparing to award little or no bonuses to some bankers as it adopts a tougher, performance-driven pay model similar to its US rivals, according to Bloomberg. Underperforming staff in investment banking and wealth management — including some…
Zerohedge • 9 hours ago

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