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Tuesday, August 03, 2010

HSBC Makes £7 BILLION Profit in Just Six Months... Then Vows to Hand its Bankers £6 BILLION in Pay and Bonuses

Global banking giant HSBC unveiled bumper half-year profits of £7billion today - then outlined plans to hand more than £6 billion 'compensation' to its staff.

But HSBC bosses immediately risked stirring public fury when they revealed that 'just over 20 per cent' of revenue had been allocated for pay and bonuses.'

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