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...
Powerful and transformative forces
Effectively measuring ESG factors
Shifting industry focus towards greater sustainability
'Questions value of advice'
184 advisers surveyed
For smaller and medium firms
'There will be more consolidation'
Fee-based revenue fell 13%