Latest editorial
£7.6m bonus for HSBC chief in hot water
DISGRACED bank HSBC handed its chief a £7.6 million bonus yesterday despite plunging profits and shady revelations about his financial arrangements in notorious tax havens.
CEO Stuart Gulliver’s £29,000-a-day payout came two weeks after the firm’s role in illegal tax evasion came to light — and hours after news of his own Swiss account was exposed.
Another 320 senior staff shared out £736,000.
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