HSBC Holdings plc (0005.HK)
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- CityAM
HSBC scraps bonus cap for hundreds of top UK bankers after tense annual meeting
HSBC shareholders have waved through the lender's proposal to remove an EU-imposed bonus cap, paving the way for it to hand bigger payouts to hundreds of top UK bankers, after a tense annual meeting dominated by questions over its pension policy and green finance.
- The Guardian
Geopolitical tensions and Covid crisis: Noel Quinn’s five years at HSBC’s helm
CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair
- CityAM
HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024
HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
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