HSBC bolstered bonuses for its top investment bankers by 53% last year, as pay has spiralled over the past year amid a battle for senior dealmakers.
The bank paid out $410.6m in bonuses to 507 so-called material risk takers within its investment bank — a group of senior employees whose actions could impact the risk profile of the bank — compared to $269.2m a year earlier, which is a 53% increase.
This...
Read more on fnlondon.com