It is reported that HSBC will stop a subsidy for bank employees to join Hong Kong membership clubs. This benefit, worth approximately $26,000, will be abolished from January next year. A person familiar with the matter said that HSBC's move was aimed at aligning bankers' employee benefits with its Hang Seng Bank.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.