Today news
About the same in other media
HSBC cuts some senior dealmaker salaries by 25%
Reading now: 769
fnlondon.comHSBC plans to cut salaries for some newly-promoted managing directors by up to 25% in the latest sign that the planned scrapping of the UK bonus cap could prompt banks to upheave pay.
The UK lender will offer salaries of £225,000 to some senior investment bankers, Bloomberg reported citing people familiar with the matter. The new salary will be for newly-promoted managing directors, with those currently in the role earning £300,000, the publication said.
HSBC's...
Read more on fnlondon.comAbout this in other media
Budget 2023: Future of UK tech is ‘safe’ in HSBC’s hands after Silicon Valley Bank rescue fnlondon.com /1 year ago
Bank of England faces MP grilling on HSBC’s rescue of SVB’s UK arm fnlondon.com /1 year ago
The Fintech Files: Founders cut reliance on Silicon Valley Bank, Philip Hammond’s crypto firm cuts jobs fnlondon.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
