HSBC UK to slash bonuses for staff not turning up to office May 21, 2025 HSBC has told its UK-based retail workers that failing to show up to the office could see their bonuses slashed. Europe’s biggest bank informed staff in the retail and domestic commercial arm that if they are not following the firm’s three-day minimum requirement to work in office they could be paid less as a result. [...]
Pay for Lloyds Bank’s top bosses jumps to £5.6m February 28, 2025 Lloyds Bank’s top executives have received a bumper windfall despite the lender’s rocky results and mass closure of high-street branches. In its annual report published on Thursday, the bank said its top two bosses would receive nearly £2m in bonuses in 2024 in addition to their regular payouts. Chief executive Charlie Nunn will receive a [...]
Standard Chartered shares jump after boosting annual profit February 21, 2025 Standard Chartered shares jumped over four per cent Friday morning after the lender posted its full-year results. It announced an overhaul on executive pay, as the multinational bank missed analysts’ profit estimates for the final quarter. Pre-tax profit fell 30 per cent to $800m (£631m) for the fourth quarter. Analysts had estimated the FTSE 100 [...]