HSBC has hired a senior private banking executive from UBS who previously led a team catering to wealthy Indians living abroad. Additionally, HSBC CEO Noel Quinn cautioned against automatically increasing staffers' pay packages following the UK's decision to remove the cap on bankers' bonuses. Furthermore, the CEO stated that the bank is well provisioned for any further real estate losses in China. Deutsche Bank's CEO also advocated for lifting the bonus cap, citing an 'unlevel playing field' for EU-based banks in attracting talent.
EU-based banks are suffering from an 'unlevel playing field' in terms of attracting talent and should lift a cap on bonuses, according to Deutsche Bank’s CEO. https://t.co/ha98dmOxaK
HSBC CEO says bank 'well provisioned' for any further China real estate losses https://t.co/kAlgZS4nRj https://t.co/fq68sKnJ8W
HSBC CEO Noel Quinn says the UK’s move to scrap the cap on bankers’ bonuses shouldn’t automatically lead to fatter pay packages for staffers https://t.co/2ocJuiKH8n
HSBC CEO Noel Quinn says the UK’s move to scrap the cap on bankers’ bonuses shouldn’t automatically lead to fatter pay packages for staffers https://t.co/kVMtXWSKF7
HSBC CEO Noel Quinn says the UK’s move to scrap the cap on bankers’ bonuses shouldn’t automatically lead to fatter pay packages for staffers https://t.co/4QdJKpL1n6
HSBC chief warns against excessive risk-taking as UK bonus cap lifted https://t.co/cr1kTDOogF
HSBC hired a senior private banking executive from UBS where he ran a team serving wealthy Indians who live overseas https://t.co/7Io64yq5G7
HSBC hired a senior private banking executive from UBS where he ran a team serving wealthy Indians who live overseas https://t.co/3G1qM1B3t7
HSBC hired a senior private banking executive from UBS where he ran a team serving wealthy Indians who live overseas https://t.co/tqdo1Eqrr0