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HSBC goes to shareholders to beat EU bonus cap

HSBC large
By Will Caiger-Smith
24 Feb 2014

HSBC is going to shareholders to have the EU’s maximum 200% bonus for “material risk takers” approved, but returned disappointing full year numbers which sent shares down 3.5%. The investment bank reported an increased underlying profit, but that was mostly thanks to lower impairment charges.

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By Will Caiger-Smith
24 Feb 2014