HSBC (HSBC) warned employees at its UK unit of a reduction in bonuses if they fail to report to the office at least three days a week, Bloomberg reported Wednesday, citing people familiar with the matter.
Those who do not meet the work-in-office mandate could end up being paid less, according to the report.
HSBC did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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