The HSBC logo is seen in the Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause/File PhotoRegister now for FREE unlimited access to Reuters.comLONDON, Aug 1 (Reuters) - HSBC (HSBA.L) will pay some of its British workforce a one-off payment of 1500 pounds ($1,830) to help deal with the cost of living crisis, according to a memo seen by Reuters on Monday.In doing so the bank became the latest British lender to offer staff pay boosts, as the country grapples with inflation levels not seen in 40 years.The bank earlier on Monday reported better than expected profits and raised its outlook for returns, as rising interest rates lift its revenues. read more ($1 = 0.8195 pounds)Register now for FREE unlimited access to Reuters.comReporting By Lawrence White, editing by Iain WithersOur Standards: The Thomson Reuters Trust Principles.
HSBC to pay some UK staff 1500 pounds to combat cost of living crisis -memo.