trending Market Intelligence /marketintelligence/en/news-insights/trending/nbzofuve50ubxnnfarhihw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: PIRC advises HSBC shareholders to reject pay plans

Mining Exploration Insights – February 2020

Mining by the Numbers — Canada in 2020

European Subscription OTT Video 5 Year Outlook

Asia-Pacific Subscription OTT Video 5-Year Outlook

Report: PIRC advises HSBC shareholders to reject pay plans

Pensions & Investment Research Consultants on April 12urged HSBC HoldingsPlc shareholders to oppose the re-election of Chairman DouglasFlint at the lender's annual general meeting, Reuters reported the same day.

The shareholder advisory group noted that the bank was finedfor regulatory violations when Flint was the finance director, which meant hefailed to perform his duties and made his present role "untenable."

PIRC also urged shareholders to oppose at the April 22meeting the bank's executive pay plans, saying the proposed maximum potentialbenefits remain "highly excessive." The group expressed concern thatCEO Stuart Gulliver's variable pay exceeded 200% of his basic salary and hisbenefits package was 50% of his salary, according to the report.