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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

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Share Price: 695.60
Bid: 691.00
Ask: 700.00
Change: 0.00 (0.00%)
Spread: 9.00 (1.302%)
Open: 0.00
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Prev. Close: 695.60
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Goldman tops UK banker pay with $4.7 mln awarded for 2013

Tue, 30th Dec 2014 17:40

* Goldman tops London banker pay league based on 2013 data * Data show 3.4 bln stg paid out to 2,600 top bankers at 13banks * Goldman, Bank of America paid most in bonuses vs fixed pay By Steve Slater LONDON, Dec 30 (Reuters) - Goldman Sachs paid its top121 London bankers about 3 million pounds ($4.7 million) onaverage last year, far exceeding payouts at other leading banks,data released on Tuesday showed. The U.S. investment bank's data showed that it paid staff insenior or risk-taking positions $193.6 million in 2013 and gavethem 2.1 million restricted stock units (RSUs), worth $377million based on the bank's share price at the end of that year. The RSUs are due to be paid out over three years, but theymay not be paid in full and can be clawed back at a later date. The remuneration figures mean that Goldman was easily thehighest paying of 13 leading U.S., British, Swiss and Japanesebanks in 2013. Data compiled by Reuters from the 13 banks showed 2,600employees at British banks or working in London were paid morethan 3.4 billion pounds in 2013, or an average of 1.3 millionpounds each. That is almost 50 times average annual pay inBritain. The details are the most comprehensive released on bankers'pay in Britain, which remains a hot topic after large bonuseswere blamed for encouraging risk-taking and contributing to thefinancial crisis. Many shareholders have also voiced criticism,saying that pay needs to come down to improve profitability. The 2013 pay disclosures cover British banks globally andoverseas banks' British-based staff. EU banks outside Britain donot need to disclose the details. Most banks released the details earlier this year, butGoldman, Citigroup and Credit Suisse allreported in the past week, just before the year-end deadline. The data showed that Goldman and Bank of America face the most work to restructure pay to meet new EU rules thatcame into effect at the start of 2014 and cap bonuses at 200percent of fixed pay. Both banks paid senior staff more than five times more invariable pay than fixed pay in 2013. The following table shows what the banks paid their seniorand risk-taking employees, known as "code staff", in 2013.Figures are in millions of pounds, with $1 = 0.6436 pounds wherebanks reported in dollars. BANK NO. OF AGGREGATE AVERAGE VARIABLE CODE PAY PAY VS FIXED STAFF* Goldman 121 367.1** 3.034 x5.5 Sachs Bank of 110 180.2 1.638 x5.3 America ML Morgan 116 178.9 1.54 x2.9 Stanley JPMorgan 209 318.6 1.525 x4.1 Credit 165 250 1.518 x3.6 Suisse Nomura*** 79 114.9 1.455 x2.9 Barclays 530 753 1.421 x3.9 Citigroup 182 250**** 1.374 x1.6 UBS 156 195.1 1.25 x3.0 HSBC 330 372.9 1.13 x2.8 Standard 124 134.3 1.083 x1.9 Chartered RBS 342 213.5 0.624 x1.1 Lloyds 140 80.5 0.575 x1.4 TOTAL 2,604 3,409 1.31 x3.1 *UK banks' group-wide code staff and non-UK banks'British-based code staff. **Includes estimated value of restricted stock units, basedon end-2013 Goldman Sachs share price *** For year ending March 30, 2014 **** Includes compensation paid previously that vested in2013. (Editing by David Goodman)

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22 Dec 2023 06:32

HSBC eyes special payout as Canada OKs USD10 billion unit sale to RBC

(Alliance News) - HSBC Holdings PLC on Friday said the sale of its business in Canada to Royal Bank of Canada has received approval from the Canadian minister of finance, enabling the deal to proceed.

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22 Dec 2023 01:34

Canada approves RBC's deal for HSBC Canada, with conditions

Dec 21 (Reuters) -

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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14 Dec 2023 15:47

UK dividends calendar - next 7 days

Friday 15 December 
Airtel Africa PLCdividend payment date
Asia Dragon Trust PLCdividend payment date
Craneware PLCdividend payment date
Games Workshop Group PLCex-dividend payment date
Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
Hargreaves Lansdown PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
J Sainsbury PLCdividend payment date
James Halstead PLCdividend payment date
Kainos Group PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Pershing Square Holdings Ltddividend payment date
Scottish American Investment Co PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
ScS Group PLCdividend payment date
Telecom Plus PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Wincanton PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 December 
Atrato Onsite Energy PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Tuesday 19 December 
BP PLCdividend payment date
Softcat PLCdividend payment date
Volution Group PLCdividend payment date
Wednesday 20 December 
abrdn Asia Focus PLCdividend payment date
abrdn Asia Focus PLCspecial dividend payment date
Baillie Gifford Japan Trust PLCdividend payment date
Blackrock Greater Europe Investment Trust PLCdividend payment date
London Finance & Investment Group PLCdividend payment date
Schroder BSC Social Impact Trust PLCdividend payment date
Shell PLCdividend payment date
Thursday 21 December 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Financial Markets Consulting PLCdividend payment date
British & American Investment Trust PLCdividend payment date
British American Tobacco PLCex-dividend payment date
Britvic PLCex-dividend payment date
CML Microsystems PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Dunedin Enterprise Investment Trust PLCex-dividend payment date
Halma PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IntegraFin Holdings PLCex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
J Smart & Co (Contractors) PLCex-dividend payment date
JPMorgan Japanese Investment Trust PLCex-dividend payment date
JPMorgan Multi-Asset Growth & Income PLCex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Montanaro European Smaller Companies Trust PLCex-dividend payment date
Pharos Energy PLCex-dividend payment date
STS Global Income & Growth Trust PLCex-dividend payment date
Topps Tiles PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 16:26

US sanctions proposed buyer of HSBC's Russian business

Dec 12 (Reuters) - The U.S. on Tuesday imposed sanctions on Russia's Expobank, the proposed buyer of HSBC's local unit, a move that could complicate the British lender's long-awaited departure from Russia.

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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11 Dec 2023 11:00

TC Energy's Coastal GasLink seeks C$1.2 billion from pipeline contractor over delays

WINNIPEG, Manitoba, Dec 11 (Reuters) - Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking C$1.2 billion ($737 million) from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it, court documents showed ahead of a hearing this month.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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29 Nov 2023 16:55

LONDON MARKET CLOSE: Cooler German CPI boosts DAX but FTSE 100 falls

(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled.

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29 Nov 2023 16:40

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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