EconomySenior HSBC bankers face double blow from school-fee subsidy cut and job risks
Senior HSBC bankers are set to lose a key employment benefit while also facing possible job cuts as the lender pursues cost reductions and what it calls fair treatment for staff. An internal memo says the bank will end its education subsidy programme for newly hired or promoted senior executives from Friday.
Senior HSBC bankers face double blow from school-fee subsidy cut and job risks
Economy