HSBC says 89 percent of shareholders at AGM approve pay plan
LONDON (Reuters) - Europe's biggest bank HSBC (HSBA.L) said on Friday 89 percent of shareholders at its annual general meeting approved its executive pay plan for 2012.
Chief Executive Stuart Gulliver was paid 7.4 million pounds last year despite the bank being fined $1.9 billion for breaches in anti-money laundering controls.
(Reporting by Matt Scuffham, editing by Sinead Cruise)
- Malaysia plane search straddles continent as police focus on crew |
- Crimeans vote over 90 percent to quit Ukraine for Russia |
- Crimea asks to join Russia after Soviet-style vote |
- Stocks near one-month low as western sanctions on Russia loom |
- Ukraine, Russia agree Crimea truce until March 21-Ukraine minister