HSBC Chief Scores Bumper Farewell Pay Package

LONDON • HSBC has awarded departing chief executive Stuart Gulliver a £6.1 million (S$11.2 million) pay package for his final year in charge, teeing up a possible clash with investors who have challenged the lender's largesse for years. Mr Gulliver, who is leaving the bank after more than 37 years' service, including seven years at the helm, earned an annual bonus of £2.1 million last year on top of £3.9 million in salary, allowances and benefits...
Login to comment.