CATALAYER NEWS
HSBC Cuts Back $38,000-Per-Kid School Perk for Some HK Bankers
Source: Bloomberg Markets · 2026-09-17
HSBC Holdings Plc ended a long-standing education benefit for new joiners in Hong Kong and for employees transferring to the city, cutting back one of the city’s most lucrative banking perks as Chief Executive Officer Georges Elhedery plows ahead with a cost-trimming campaign.
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