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HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in a sign of how the bank is taking a more ruthless approach to costs under new chief executive Georges Elhedery.
www.ft.com
HSBC fired investment bankers on bonus day and gave them no bonuses
Lender is taking a tougher approach to costs under new chief executive Georges Elhedery
www.ft.com