HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade
The Guardian – World —
Bank reports better-than-expected annual results and CEO signals overhaul of lender is almost overBankers at HSBC are set to share a bonus pot worth $3.9bn (£2.9bn), the highest in more than a decade, after Europe’s largest lender reported better-than-expected annual results.The bonus pool for staff was 10% higher than a year earlier, which the bank said it had determined “based on a review of our performance against financial and non-financial metrics”, while the bank’s chief executive’s pay also rose. Continue reading...