PARIS, March 17 (Reuters) - France's No. 2 listed bank,Societe Generale, said it will ask shareholders for permissionto pay some staff bonuses worth up to double their salaries, inaccordance with the European Union cap on bonuses.
SocGen disclosed on Monday a 299.8 million-euro compensationpool in 2013 for management, traders and employees whoseactivities have a material impact on the risk profile of thebank.
Chief Executive Officer Frederic Oudea said last month thebonus pool would be down for 2013, after a 445.9 million eurofine over attempted rigging of the Euribor benchmark rate wipedout investment banking profits in the quarter.
From next year bankers' bonuses in the 28-country EU can beno higher than their salaries or twice that amount if a bank'sshareholders give their approval.
However, HSBC, Lloyds and Barclays are all considering giving top staff monthly orquarterly allowances to boost fixed pay.