HSBC CEO Expects to Slash Travel Budget by 50%

The video discusses the impact of COVID-19 on work environments, emphasizing the importance of learning from the pandemic and maintaining trust in remote work. It highlights the competitive job market in banking, particularly in investment banking, and the need to adjust salaries to retain talent. The speaker also anticipates a reduction in business travel post-pandemic, opting for fewer but longer trips to cut travel budgets by 50%.

What does the speaker imply about the future of talent wars in banking?

What is the speaker's expectation regarding the travel budget after the pandemic?