HSBC shareholders less than unanimous over bonus scheme

A controversial bonus scheme which could net five senior directors of banking giant HSBC more than £120m (€152m) over the next three years received substantially less than unanimous backing from shareholders today.

HSBC shareholders less than unanimous over bonus scheme

A controversial bonus scheme which could net five senior directors of banking giant HSBC more than £120m (€152m) over the next three years received substantially less than unanimous backing from shareholders today.

About 82% of the bank’s investors voted in favour of awarding chairman Stephen Green and four other executive directors a chance to earn cash and share bonuses up to 11 times their salary.

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