HSBC Encouraging Departures By Offering “Little To Zero” Bonuses For Underperformers
HSBC is preparing to award little or no bonuses to some bankers as it adopts a tougher, performance-driven pay model similar to its US rivals, according to Bloomberg. Underperforming staff in investment banking and wealth management — including some managing directors — may be encouraged to leave after bonuses are paid in the coming weeks,…
HSBC Encouraging Departures By Offering “Little To Zero” Bonuses For Underperformers
February 07, 2026