£15bn profit at scandal-hit HSBC: Boss of bank that laundered drug money will pocket £2m

05/03/2013 23:36

Source: Daily Mail

£15bn profit at scandal-hit HSBC: Boss of bank that laundered drug money will pocket £2m

  • Bonus is reward for bank's estimated pre-tax profits of about £15.6bn

  • Profit would be biggest made by British bank since global financial crisis

Royal Bank of Scotland last week announced bonuses totalling £600m
 
Bonus: Stuart Gulliver is expected to receive a windfall of around £2million as part of a total pay and benefits package worth between £6million and £7million for 2012

HSBC will hand its chief executive a huge bonus as it today posts one of the biggest profits in banking history.

Stuart Gulliver is expected to receive a windfall of around £2million as part of a total pay and benefits package worth between £6million and £7million for 2012.

Last week Royal Bank of Scotland, which is 82 per cent owned by taxpayers, announced it was paying bonuses totalling £600million – despite posting losses of £5.2billion. 

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