Friday 6 March 2015

Standard Chartered bosses give up bank bonuses

TRADE WARS
Standard Chartered bosses give up bank bonuses
Hong Kong, China (AFP) March 4, 2015 - Bosses at Standard Chartered have given up their bonuses after profits at the Asia-focused bank fell by more than a third last year. Standard Chartered, which last week said chief executive Peter Sands would step down in June followed by chairman John Peace next year amid various troubles at the bank, saw net profit slide 37 percent in 2014, the second consecutive year of decline. The Br ... more


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