HSBC Said To Sell Shares To Pay Bonuses
HSBC is said to be preparing to issue new shares to help pay for cash bonuses that exceed £50,000 ($78,425), a limit adopted by other banks, including the Royal Bank of Scotland, Lloyds Banking Group and Barclays.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast