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HSBC issued no bonuses to axed investment bankers, despite letting them go on the day they were set to learn their pay award figures. The FTSE giant told staff in its investment arm last month that ...
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 a sign of how the bank is taking a more ruthless approach to costs under ...
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ET Now on MSNHSBC Layoffs: Investment bankers fired without bonuses amid major restructuring and cost-cutting efforts - DetailsIn a bold move aimed at cutting costs, HSBC has laid off a group of investment bankers, leaving many shocked and angry. The ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC surprised the industry last week as news broke that it had fired investment bankers on the same day they were due to hear their bonus figures, and reportedly gave no bonuses to many it laid off.
HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the ...
HSBC Holdings (NYSE:HSBC) is putting some bankers on short-term retention deals to close out client mandates as certain investment-banking units scale back across Europe, Asia and the Americas as ...
HSBC is putting some of its investment bankers on short-term retention agreements, Bloomberg reports, citing unnamed sources. --The bank said it would shut selected investment banking units as ...
Hong Kong- and U.K.-focused bank HSBC Holdings (HSBC) is exploring a push into the private credit market, five sources with knowledge of the plans told Reuters.
HSBC is putting some investment bankers on short-term contracts. The UK and France are scrambling to bolster Ukraine’s negotiating position. And SpaceX delays the launch of a new crew to the ISS.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to ...
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