Half of HSBC's team of London-based insurance analysts has left the bank over the past weeks.
Half of HSBC's team of London-based insurance analysts has left the bank over the past weeks.
Many departures are believed to be due to HSBC's decision to cut this year's bonuses to reduce costs.
Analysts Nick Holmes and James Quinn have defected to join rivals Lehman Brothers. Head of global research Mark Brown and its banks analyst Michael Lever have also left the company.
