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  • July 31, 2014
  • Last updated: 9:49am
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  1. Business - Banking & Finance - BANKING

    BOE targets bankers' bonuses with seven-year clawback rule

    Posted Jul 31st 2014, 01:24am by BLOOM

    ... Bloomberg in London Rogue bankers face clawback under new rules Senior bankers could be forced to pay back bonuses as long as seven years after they are awarded under new Bank of England rules to curb short-term risk-taking. Banks operating in Britain should amend employee contracts so they can recoup bonus payments from workers who exceed their risk limits or break ...

  2. Business - Banking & Finance

    Barclays raises bonus payout despite drop in earnings

    Posted Feb 11th 2014, 03:58pm by Reuters

    ... Reuters in London Barclays said it paid out £2.4 billion (HK$30.5 billion) in incentive awards for last year after raising bonuses in its investment bank by 13 per cent despite a slump in profits in the business. The British bank said it increased its bonuses and other incentive awards to staff across the bank by 10 per cent and paid out £1.57 billion in bonuses across ...

  3. Sport - Soccer - BONUSES

    World Cup bonuses cause stir from Spain to Cameroon

    Posted Jun 11th 2014, 10:34pm by AFP

    ... refusing to board their plane for Brazil to Spain's massive offer, World Cup bonuses have already caused a stir before a ball has been kicked in anger. As ever it was an African country, this time Cameroon, who kicked up the first fuss over bonuses. In 2006 it was Togo while last time out in South Africa it was again Cameroon whose players threatened to go on strike. This time ...

  4. Business - Banking & Finance - REMUNERATION

    Wall Street asset managers set for 10 per cent rise in bonuses, report claims

    Posted May 15th 2014, 01:43am by BLOOM

    ... Bloomberg in New York 10 per cent rise for wealth managers to be offset by a 15 per cent cut for traders, report claims Wall Street asset managers 'set for bigger bonuses' Wall Street's bonus pool may rise as much as 10 per cent this year for asset managers, while fixed-income traders could see a 15 per cent cut, according to consultant Johnson Associates. Incentive pay ...

  5. Business - Banking & Finance - MR. SHANGKONG

    Chinese banks in Hong Kong go quiet on last year's promised bonus

    Posted May 12th 2014, 02:58am by George Chen

    ... George Chen george.chen@scmp.com Chinese banks in Hong Kong have been aggressive recruiters since the global financial crisis, but new hires should be wary of salary bonuses Mainland banks go quiet on last year's promised bonus Is it too late to get your bonus in May? I'm talking about last year's bonus, not this year's. It is something that some Hong ...

  6. 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, ...

  7. 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 ...

  8. News - Hong Kong - EDUCATION

    Exam authority staff to share in HK$2m performance bonuses

    Posted Mar 12th 2014, 04:07am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Exam staff to share HK$2m in bonuses The exam authority will give out HK$2 million in performance bonuses again this year after being criticised last year ... performing employees- some 10 per cent of its total staff- as performance bonuses. The bonuses, which are about two weeks' to one month's salary, will be disbursed in two stages. The first ...

  9. Business - Banking & Finance - BRITAIN

    Bailed-out banks' bonuses put pressure on Britain's George Osborne

    Posted Mar 09th 2014, 06:22am by GDN

    ... The Guardian in London Payments to RBS and Lloyds executives inflame row over City pay Bailed-out banks' bonuses bring pressure for Osborne British finance minister George Osborne is facing calls to explain bonus payouts worth around £35 million (HK$454 million) that have been handed out by the bailed-out Royal Bank of Scotland and Lloyds Banking Group. The scale ...

  10. Business - Companies - REMUNERATION

    Glaxo cuts chief executive's bonus over China bribery scandal

    Posted Mar 01st 2014, 01:14am by BLOOM

    ... Bloomberg in London Glaxo cuts chief's bonus over China bribery scandal A mainland investigation into bribery allegations against GlaxoSmithKline has prompted the board of the British drugmaker to rein in chief executive Andrew Witty's bonus. Witty's bonus of £1.88 million (HK$24.3 million) was lower than the potential £2.12 million he might have received, Glaxo said ...




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