HSBC doles out more than £7m in shares to avoid bonus cap
Directors and managers at HSBC have been awarded £7.1m in shares under so-called fixed pay allowance arrangements which comprise of employees' fixed remuneration for 2014.
The biggest award was granted to the CEO of global banking and markets Samir Assaf, who received a total of 240,318 shares valued at £6.27 per share and worth more than £1.5m. Assaf subsequently sold...
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