Saturday, October 10, 2015   

HSBC chief Gulliver’s total pay rises to £8m
(02-24 18:51)

HSBC will grant chief executive Stuart Gulliver a “fixed pay'' of £1.7 million in addition to his salary of £1.2 million, the British bank’s annual reports shows.
His pay for 2013 including bonuses amounts to £8m, compared with £6.3m the year before.
The bank explained in the annual report that fixed pay includes base salary, fixed pay allowance and pension allowance for the year.
HSBC reported today that net profit increased by 15.5-percent in 2013 to US$16.2 billion.
Gulliver said the bank’s performance reflected “the strategic measures’’ implemented in “the past three years.’’
He said the group had become a leaner operation.–The Standard

Other Business breaking news:
Malaysia central bank wants state fund prosecuted (10-09 20:36)
Oil prices touch new high at US$53.61 (10-09 20:33)
HK, China stocks close higher (10-09 17:09)
Sri Lanka national carrier rewarded for hospitality (10-09 15:56)
Positive start for Europe equities (10-09 15:49)
Nikkei closes higher (10-09 14:22)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.