HSBC hands out bigger bonuses in push to rival Wall Street

Average bonuses for HSBC investment bank staff were up 11pc last year compared with 2024 - Chris Ratcliffe/Bloomberg Finance LP HSBC is handing its best bankers bigger bonuses as it seeks to compete with Wall Street rivals. Senior investment bank staff received an average bonus of $819,000 (£606,000) last year, up 11pc compared with 2024. The overall pool of bonuses also increased by 10pc to $3.9bn, the highest in at least a decade. Georges Elhedery, HSBC’s chief executive, said: “We are building a high ...