HSBC says it will pay for staff to have sex change treatments.
Bosses want trans and non-binary employees to “be their true authentic self”.
The bank’s UK Pride team sent an internal memo this week informing them of its new “gender dysmorphia benefit”.
From the start of next year, HSBC will cover diagnosis, mental health treatments, hormone consultation, speech therapy, hair removal and surgery for workers.
The bank defines gender dysmorphia “as a person who doesn’t align with their biological sex and is a recognised medical condition”.