LONDON, Feb 24 (Reuters) - HSBC's boss saidEurope's biggest bank had no plans to spin off and separatelylist its UK retail banking arm to meet new regulatoryrequirements.
HSBC Chief Executive Stuart Gulliver also said his bankplanned to pay more than 1,300 of its top staff a new quarterlyallowance, effectively increasing the amount of their fixed payto meet a new EU law capping bonuses at 200 percent of salary.
HSBC on Monday reported a 2013 pretax profit of $22.6billion, up 9 percent from 2012, but falling short of analysts'expectations.
HSBC Holdings (HSBA)