TV News LIES

Saturday, Dec 20th

Last update11:55:58 PM GMT

You are here News International HSBC to announce bonuses totaling $4 billion: report

HSBC to announce bonuses totaling $4 billion: report

E-mail Print PDF

HSBCHSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sources.

Europe's biggest bank is expected on Monday to announce the size of its bonus pool, a sensitive issue as many Britons still blame banks for the 2008 financial crisis after which the state was forced to bail out RBS and Lloyds.

Earlier this month Barclays prompted an angry reaction from politicians and labor unions after it increased its bonuses by 13 percent to 2.4 billion pounds even as it announced plans to axe 12,000 jobs.

Sky quoted an unnamed source saying the rise in variable pay at HSBC would be smaller than its likely increase in earnings.

A spokesman at HSBC declined comment when contacted by Reuters.

More...


Most Recent Related Stories...


Australia Police Make Arrest In Killing Of 8 Children

Mother arrested for killing 8An Australian woman was arrested for murder in the killings of eight children, seven of whom...

Israel launches Gaza air strike on 'Hamas target'

Israel hits GazaIsraeli aircraft have bombed a site in Gaza, in the first such action since the declaration...

N. Korea proposes joint probe over Sony hacking

Korea wants joint investigationNorth Korea on Saturday proposed a joint investigation with the U.S. into the hacking attack against...

8 children killed, mother stabbed, in Australia

8 chlodren killedEight dead children and a woman suffering from stab wounds were found inside a home in...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!