HSBC retreats on chief’s pay award

Posted on

FT.com / Companies / Banks - HSBC retreats on chief’s pay award.

The FT notes:

HSBC has yielded to shareholder protests and backed away from controversial plans to award its chief executive, Michael Geoghegan, a substantial rise in his base salary of more than one third.

Now how about doing the same for the rest of the bankers' pay?


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