GO
| HSI1 | 24,271.20 | +59.85 | 162.63B |
| HSCEI1 | 8,168.57 | +20.70 | 49.87B |
| Back Zoom + Zoom - Block Traded | |
|
HSBC HOLDINGS Reportedly Plans Reform of Senior Bankers' Compensation Structure, More Closely Linked to Performance
2026-10-12 16:48:26 HSBC HOLDINGS (00005.HK) will progressively phase out fixed pay allowances for senior staff and instead distribute a larger proportion of compensation in the form of bonuses, ensuring pay is more closely linked to performance, Bloomberg, citing an internal memo, reported. The move will further shift HSBC HOLDINGS toward a compensation structure more akin to Wall Street practices. An HSBC HOLDINGS spokesperson said in a statement that, as a global bank, HSBC HOLDINGS adapting its approach in this way strengthens its ability to pay for performance, better differentiate, attract the best talent, and recognize those who deliver the best outcomes for its customers, clients and stakeholders. ~ AASTOCKS Financial News Website: www.aastocks.com | |