HSBC’s top directors saw their overall pay packets plunge last year after bonus payouts for 2008 were axed, the bank’s annual report shows.
Chief executive Michael Geoghegan’s package fell from £3.54m (€3.94m) to £1.67m (€1.86m), while chairman Stephen Green’s overall compensation fell by almost two-thirds to £1.27m (€1.41m).
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