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HSBC fired investment bankers on bonus day and gave them no bonuses

HSBC fired investment bankers on bonus day and gave them no bonuses
by Canary Wharfian
on March 30th 2025
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 new chief executive Georges Elhedery.
https://www.ft.com/content/ebf1bd58-0a9f-4c10-b0f0-709e97661680
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