HSBC boosted its banker bonus pool by nearly a third, reaching its highest level since 2014, after a global recovery from the Covid crisis helped profits more than double last year.
The London-headquartered bank increased its staff bonus pool to $3.5bn (£2.6bn) in a move it said was justified due to its strong financial performance and the need to compete for workers in an “extraordinarily competitive labour market”. That included tech and IT staff as well as employees across Asia who HSBC said were in high demand.
