GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 694.60
Bid: 695.20
Ask: 695.40
Change: 2.40 (0.35%)
Spread: 0.20 (0.029%)
Open: 691.40
High: 699.90
Low: 687.30
Prev. Close: 692.20
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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)

More News
24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

Read more
24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

Read more
23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

Read more
22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

Read more
22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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

Read more
22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

Read more
22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

Read more
21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

Read more
14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
13 Nov 2023 10:53

IN BRIEF: LXi REIT gets new extension for GBP60 million HSBC loan

LXi REIT PLC - FTSE 250 London-based commercial real estate investment trust - Agrees extension to existing GBP60 million loan facility with HSBC, part of HSBC Holdings PLC from December 2024 to December 2026, extending weighted average term from 5.1 years to 5.2 years. The HSBC facility was LXi's earliest maturing debt and was originally extended to December 2024 in early March. It retains its existing 2.05% per year above the sterling overnight indexed average, or Sonia, benchmark and has a 2.50% interest rate cap until December next year. LXi expects to hedge the facility's cost during the additional term to expiry in due course.

Read more
9 Nov 2023 15:02

London close: Stocks gain as investors await Powell speech

(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.

Read more
7 Nov 2023 10:19

China's exports slide as imports unexpectedly jump

(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.

Read more
2 Nov 2023 16:02

UK dividends calendar - next 7 days

Friday 3 November 
Alumasc Group PLCdividend payment date
Andrews Sykes Group PLCdividend payment date
AVI Japan Opportunity Trust PLCdividend payment date
Barratt Developments PLCdividend payment date
British American Tobacco PLCdividend payment date
Brooks Macdonald Group PLCdividend payment date
CT UK High Income Trust PLCdividend payment date
Fintel PLCdividend payment date
Games Workshop Group PLCdividend payment date
HSS Hire Group PLCdividend payment date
Johnson Service Group PLCdividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Judges Scientific PLCdividend payment date
MP Evans Group PLCdividend payment date
M&G PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mortgage Advice Bureau Holdings PLCdividend payment date
Persimmon PLCdividend payment date
Schroder Income Growth Fund PLCdividend payment date
TP ICAP Group PLCdividend payment date
Twentyfour Income Fund Ltddividend payment date
Weir Group PLCdividend payment date
Wickes Group PLCdividend payment date
WPP PLCdividend payment date
Monday 6 November 
no events scheduled 
Tuesday 7 November 
no events scheduled 
Wednesday 8 November 
abrdn New Dawn Investment Trust PLCdividend payment date
Manchester & London Investment Trust PLCdividend payment date
Thursday 9 November 
abrdn Smaller Companies Income Trust PLCspecial ex-dividend payment date
Airtel Africa PLCex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
Burford Capital Ltdex-dividend payment date
C&C Group PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Galliford Try Holdings PLCex-dividend payment date
Genus PLCex-dividend payment date
Greencoat Renewables PLCex-dividend payment date
Henderson International Income Trust PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend payment date
J Sainsbury PLCex-dividend payment date
NCC Group PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
PRS REIT PLCex-dividend payment date
Schroder BSC Social Impact Trust PLCex-dividend payment date
Softcat PLCex-dividend payment date
SThree PLCex-dividend payment date
Target Healthcare REIT PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCex-dividend payment date
Warpaint London PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.