
Sarah ChenFinance
HSBC Cuts Fixed Pay Allowances to Shift Senior Staff to Wall Street Bonus Model
The British lender spent 3.93 billion dollars on variable compensation in 2025 as it prepares to dismantle European Union era pay caps by 2028.
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The British lender spent 3.93 billion dollars on variable compensation in 2025 as it prepares to dismantle European Union era pay caps by 2028.

The appointment takes effect in December, with Duato also joining the food and beverage company’s audit committee as an independent member.
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