Workflow
UK financial giant HSBC fires bankers on bonus day — and denies their yearly payouts
HSBCHSBC HOLDINGS(HSBC) New York Post·2025-03-27 18:09

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.The London-headquartered lender axed financiers in London and Hong Kong last month after announcing it would focus its M&A and capital markets work in Asia and the Middle East, the Financial Times reported.However, ruthless bosses told the canned bankers that they would be booted without their 2024 windfall, sources tol ...