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HSBC payouts to reopen EU bonus cap row

Britain’s biggest bank, HSBC, is expected to reignite the debate over the European Union bonus cap by revealing that its top bankers – including chief executive Stuart Gulliver – are to be awarded share payouts to compensate them for any potential reduction in income caused by the EU’s new rules. . .

http://www.theguardian.com/business/2014/feb/23/hsbc-payouts-bonus-cap-row