, July 4 -- Terminated officials of HSBC Bangladesh on Saturday accused the multinational bank of violating local labour laws, misleading the regulatory authority, and depriving employees of their rightful financial benefits following the closure of its retail banking operations.

The allegations were raised at a press conference organised by the ex-HSBC officials at the Economic Reporters' Forum (ERF) auditorium in the capital's Purana Paltan area.

Reading out a written statement on behalf of the affected employees, Alamgir Kabir claimed that 257 officials lost their jobs when HSBC closed its retail banking division on March 31, 2026.

The bank failed to follow the legal provisions regarding employee retrenchment as mandated by the Bang...