LONDON: HSBC cut its annual bonus pool by 4% to $3.4 billion in 2022, the bank said on Tuesday, as a global slump in dealmaking led it to trim awards for its bankers.
Despite the overall bonus cuts for staff, Chief Executive Noel Quinn saw his pay package jump 14% to 5.6 million pounds ($6.7 million), from 4.9 million pounds the prior year.
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