
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 London-headquartered lender is hiring senior executives for cash equities and institutional broking roles ahead of a retail rollout.
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