People walk past the HSBC logo in Hong Kong on April 2. Photo: Sam Tsang
People walk past the HSBC logo in Hong Kong on April 2. Photo: Sam Tsang
HSBC

HSBC, Standard Chartered bosses forego bonuses in mea culpa to calm rebel shareholders in dividend fight

  • Rebel shareholders have demanded HSBC eliminate pay to top management for a year
  • Move comes after UK regulator told banks not to pay bonuses to senior staff

People walk past the HSBC logo in Hong Kong on April 2. Photo: Sam Tsang
People walk past the HSBC logo in Hong Kong on April 2. Photo: Sam Tsang
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