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HSBC cuts pension contribution-linked payouts to senior employees
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
HSBC Holdings PLC has cut the amount it pays out to senior executives in lieu of pension contributions by a third, Financial News reported.
The move comes after criticism that the bank had not followed new guidelines stipulating that executives' pension contributions should be in line with those of other employees.