There is a news which is unheard of so far. The HSBC has decided that the Bonus of the staff will be cut in order to pay the penalty being imposed on the bank for the shadowy and corrupt practices, which have been exposed now. HSBC is alleged to have put unaccounted money in their Swiss Branch. It is also reported that this will affect the salary hike of the staff.
Corruption/shadowy practices by the bank and the penalty on the employees. This has to be strongly protested and defeated.