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  • HSBC โ€˜reviewingโ€™ private school perk for bankers in Hong Kong Julia Kollewe
    Hundreds of senior staff in territory benefit from nearly ยฃ30,000-a-year grant per child not available to staff in groupโ€™s other hubsHSBC is reportedly reviewing a perk that covers school fees for bankers in Hong Kong as part of a big overhaul of the bank under its chief executive, Georges Elhedery.Europeโ€™s largest bank is considering whether to scrap the perk for new employees or make changes to total compensation, Bloomberg News reported. No decisions have been made yet. Continue reading...
     

HSBC โ€˜reviewingโ€™ private school perk for bankers in Hong Kong

27 April 2026 at 08:31

Hundreds of senior staff in territory benefit from nearly ยฃ30,000-a-year grant per child not available to staff in groupโ€™s other hubs

HSBC is reportedly reviewing a perk that covers school fees for bankers in Hong Kong as part of a big overhaul of the bank under its chief executive, Georges Elhedery.

Europeโ€™s largest bank is considering whether to scrap the perk for new employees or make changes to total compensation, Bloomberg News reported. No decisions have been made yet.

Continue reading...

ยฉ Photograph: Peter Parks/AFP/Getty Images

ยฉ Photograph: Peter Parks/AFP/Getty Images

ยฉ Photograph: Peter Parks/AFP/Getty Images

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