Arab Today, arab today standard chartered\s top executives share 92m
Last Updated : GMT 21:40:23
Arab Today, arab today
Arab Today, arab today

Standard Chartered\'s top executives share $92m

Arab Today, arab today

Arab Today, arab today Standard Chartered\'s top executives share $92m

London - Arabstoday

Mr Rees emerged as the Asia-focused bank’s top paid manager, receiving annual cash and share bonuses worth $10m, a further $2.2m in long-term performance awards on top of his $1.1m salary. Peter Sands, chief executive, received a salary and bonus package worth $8m, including an annual bonus of $3.5m and long-term awards worth $2.7m. Mr Sand’s pay was less than that of the bank’s highest paid non-board level manager. The unnamed bankers received a package worth $10.2m. In total the eight unnamed managers, who are all based outside the UK, received salaries and bonuses worth $54.3m. The total paid to the bank’s five executive directors, including Mr Sands and Mr Rees, was $37.8m, up slightly from $36.9m last year. The disclosures were contained in Standard Chartered’s annual report. Last month, Standard Chartered reported its ninth successive record annual profit, with earnings increasing 11pc to $6.78bn in 2011. The new record came as profits from wholesale banking, which includes the lenders investment banking operations, exceeded $5bn for the first time. The increase was largely driven by soaring earnings from its foreign exchange, commodities, and equities businesses. Mr Sands said the performance had come in face of “very difficult conditions” and despite “significant headwinds” created by more onerous regulations imposed in the wake of the financial crisis.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today standard chartered\s top executives share 92m Arab Today, arab today standard chartered\s top executives share 92m

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday