HSBC to claw back bonuses after NHFA fine


HSBC is set to claw back thousands of pounds of bonuses from executives after its long term care advice subsidiary was fined for mis-selling bonds to elderly customers.

The bank was hit by a record £10.5m fine and ordered to pay £29.3m in compensation last December by the Financial Services Authority (FSA) after poor advice was uncovered at the Nursing Home Fees Agency...

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