Enforced takeovers during the crisis will mean a bumper year for the bankers who advise on billion-dollar dealsJust as most of us are feeling the effects of soaring inflation, which the Office for National Statistics said last week had reached a 10-yea…
Frasers Group could face shareholder revolt over new CEO’s £100m bonus
Advisory groups advise voting against remuneration plan, flagging ‘excessive payouts’Mike Ashley’s Frasers Group faces a showdown with shareholders on Wednesday as it seeks approval of a £100m bonus scheme for its incoming chief executive, Michael Murr…
Top chief execs ‘paid more in a year than a UK worker gets in a lifetime’
Despite a fall in remuneration during the Covid pandemic, blue chip company bosses averaged £2.7m in 2020The annual pay of FTSE 100 chief executives fell during the pandemic but still equates to what a key worker would earn in a lifetime, according to …
HSBC boosts bonus pool by 50% as profits more than quadruple
Bank helped by economic recovery from Covid-19 crisis in big markets including the UKHSBC has increased its bankers’ bonus pool by 50% after profits grew by more than fourfold in the second quarter, thanks to an economic rebound in key markets, includi…