HSBC pay plan raises eyebrows
BANKING heavyweight HSBC faces a revolt over directors' pay at its annual general meeting of shareholders on Friday.
If approved, five directors at HSBC could share a 120 million jackpot over three years if they hit profit performance targets ahead of what City analysts are forecasting. Pirc, the corporate governance group, is recommending shareholders vote against the remuneration report, while the Association of British Insurers has issued an amber alert, indicating concern.
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Weather for Edinburgh
Thursday 24 May 2012
Today
Sunny spells
Temperature: 12 C to 21 C
Wind Speed: 10 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 10 C to 20 C
Wind Speed: 14 mph
Wind direction: North east

