HSBC in £15mn pay package talks with CEO Elhedery

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HSBC is the Chief Executive Director George Eleder awarding package of 15 million pounds, which he has been appointed and started after almost six months after starting Assessed considerable driving in the bank.

According to the programs, the fixed fee of Elhedery will be halved, while this connection will be able to significantly increase, according to the person who presented this issue.

Is Lebanese banker In September, the highest work received 10.5 million pounds of payment of 10.5 million pounds, including the basic salary of 1.4 million pounds.

The final decision has not yet made a decision on Elhedery’s payment discussions, which first reported Sky News.

Hobbies: And more and other UK lenders have more Leeway how to compensate some of their high-risk manuals after a decision to write a hat of banker bonuses in 2023 when it was still part of the EU.

Barclays also suggested a Wage overhaul For his CEO, CS Venkatakrishnan, which will see his fixed fee from $ 2.95 million to 1.59 million pounds, but he is eligible for bonuses and long-term stock options.

In the last five months, Elhedery has been launching a significant reorganization of HSBC Simplify the bank and reduce costsA number of this includes the merger of its commercial and investment banking subdivisions, as well as squeezing the main parts of investment banking business in the United Kingdom, Europe and America.

HSBC’s “World Pacific Ocean Chief of the World Bank Christina Ma” left the bank after less than two years.

M., who spent more than two decades on Goldman Sachs, became a partner in 2020, leaves HSBC, as the reconstruction of the Earader is starting. His way out was first reported by Bloomberg News. MA did not immediately respond to request to comment from work hours.

HSBC states that there will be a significant number of labor as part of the reconstruction, but has not provided a special number.

£ 15m would make an elched fee significantly higher than its own Previous Noel Quinn:whose total payment package in 2023, in the bank its last year – 10.6 million pounds. It was almost twice as much as he received a year ago, mostly thank you for the long-term promotion plan. Quinn’s basic salary was £ 1.4 million in 2024.

HSBC refused to comment on Elededer’s salary and departure of MA.