HSBC planning to reduce bonuses for top bosses

Banking giant HSBC today announced plans to reduce maximum bonuses for top bosses, but revealed its chief executive would still be in line for a package worth up to £12.5m (€14.2m) this year.

HSBC planning to reduce bonuses for top bosses
Fri, 15 Apr, 2011 - 16:33

Banking giant HSBC today announced plans to reduce maximum bonuses for top bosses, but revealed its chief executive would still be in line for a package worth up to £12.5m (€14.2m) this year.

The group unveiled a raft of new measures it claims will reduce total potential remuneration following a near year-long review.

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