atans1

HSBC: End in sight

In Banks, China, Hong Kong on 20/04/2016 at 10:23 am

HSBC Chief Said to Leave in Two Years Stuart Gulliver, HSBC’s chief executive, will step down in two years, and the bank has already started compiling a list of possible internal successors, The Sunday Times reports, citing senior sources.

NYT Dealbook

Naving him as CEO since 3011 is like us kanna Mah Bow Tan and Raymond Lim and Taacob at the same time.

Here’s an interesting tot from FT reader on executive salaries

“Chief executives are agents for owners, the shareholders. They should be treated the same way as football club managers. Your team performs badlly and you are promptly sacked. Preferably they should have only one or two year’s contracts, to be ended on expiry without compensation.”
By Brian Reading on Four ways to bring galactic executive pay back down to earth

 

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