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  • July 10, 2014
  • Last updated: 1:18pm
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  1. Business - Companies - REMUNERATION

    Sony executives give up bonuses after losses

    Posted May 04th 2013, 12:00am by Bloomberg

    ... As electronics sales suffer, management to forgo benefits worth up to 50 per cent of annual pay Sony executives will give up their bonuses after firm's main electronics business was unprofitable for a second year. The board backed a proposal from chief executive Kazuo Hirai that management forgo bonuses worth 30 per cent to 50 per cent of their annual pay in the year to March 31, ...

  2. Business - Comment - LAI SEE

    Make Hong Kong more family-friendly says women's survey

    Posted Feb 23rd 2013, 12:00am by Howard Winn

    ... Organisation about half of all Americans who keep smoking will die because of the habit.   Bigger bonuses in Hong Kong Bonuses are a source of no little interest to the financial community. So we were interested to see from the eFinancialCareers Annual Bonus Survey that 39 per of finance professionals in Hong Kong received a bigger bonus in 2012 than they did in 2011, while 22 per cent saw ...

  3. Business - Banking & Finance

    EU watchdog unveils caps for bank bonuses

    Posted May 22nd 2013, 11:19am by Reuters

    ... Reuters in London EU regulators confirmed that they will cap bonuses of bankers earning more than 500,000 euros (HK$5.0 million) a year and added other conditions to make the pay ceiling ... within the pay curb net. The EBA is fleshing out a new EU law that includes the bonus cap, which lawmakers say is needed to crack down on excessive risk-taking at banks. The cap will hit bonuses ...

  4. Business - Banking & Finance

    Wall Street watchdog to review broker bonus disclosure plan

    Posted May 22nd 2013, 11:23am by Reuters

    ... because others are concerned that customers will misjudge the disclosures and that it would ultimately limit compensation. Disclosing a lucrative bonus would inform investors of a conflict ...

  5. Business - Banking & Finance - REMUNERATION

    Bankers told to give up bonuses after rate-rigging

    Posted Dec 07th 2013, 03:59am by BLOOM

    ... Bloomberg in Frankfurt and Milan European banks fined €1.71 b for interest rate manipulation, leading to demands for payback Bankers told to give up bonuses after rate-rigging Executives of Europe's biggest banks are under pressure to surrender their bonuses after six companies were fined a record €1.71 billion (HK$18 billion) for manipulating benchmark interest rates. Top management ...

  6. Business - Banking & Finance

    Barclays bankers focused on revenue at expense of clients: Salz's report

    Posted Apr 04th 2013, 12:00am by Bloomberg

    ... Bloomberg in London Scathing review finds linking pay to revenues encouraged product mis-selling Barclays' bonuses unjustifiable, says report Barclays, Britain's second-largest lender by assets, paid investment bankers bonuses "incapable of justification" as employees focused on revenue at the expense of clients, according to an internal report. In the report, ...

  7. Business - Banking & Finance - BANKING

    Higher profits, lower bonuses at HSBC, analysts estimate

    Posted Mar 04th 2013, 12:00am by KANIS LI

    ... of the global financial crisis, but top management will still face a cut to bonuses owing to a record-high US$1.9 billion fine paid to settle a US investigation into money-laundering last year. ... the bank after the exit of its investment in Ping An. Sky News reported that chief executive Stuart Gulliver's bonus will be less than £2 million (HK$23.3 million) and is likely to be deferred ...

  8. News - Hong Kong - ENERGY

    City's power firms agree to pass on 'bonus' profits

    Posted Nov 22nd 2013, 01:53pm by Ernest Kao

    ... Ernest Kao ernest.kao@scmp.com Power firms agree to pass on 'bonus' profits The environment minister has hailed a "breakthrough" in a revised scheme to regulate the two ... to society "bonus" profits earned from energy savings. CLP Power and Hongkong Electric will use the bonus earnings to set up an Energy Efficiency Fund that will help non-commercial ...

  9. Business - Banking & Finance - BANKING

    StanChart raises dividends, cuts back on top bonuses

    Posted Mar 05th 2013, 11:49am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Lender has 10th year of record earnings but concerns linger about looming regulatory costs StanChart raises dividends, cuts back on top bonuses Standard Chartered lifted its 2012 dividend payout 11 per cent but bonuses paid to top executives slipped amid higher regulatory costs. Finance director Richard Meddings said he expected the bank would have ...

  10. Business - Banking & Finance - REMUNERATION

    The new no-business, no-bonus reality

    Posted Feb 22nd 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com The new no-business, no-bonus reality Mainland securities firms, many of which expanded rapidly in the past few years, are being forced to follow their foreign competitors by tightening up on hiring and bonuses after a disappointing year. Several first-tier major mainland securities houses, including China International Capital Corp (CICC), ...




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