HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade

Bank reports better-than-expected annual results and CEO signals overhaul of lender is almost over

Bankers at HSBC are set to share a bonus pot worth $3.9bn (2.9bn), the highest in more than a decade, after Europe's largest lender reported better-than-expected annual results.

The bonus pool for staff was 10% higher than a year earlier, which the bank said it had determined based on a review of our performance against financial and non-financial metrics", while the bank's chief executive's pay also rose.