PARIS (Reuters) - France's No. 2 listed bank, Societe Generale, said it will ask shareholders for permission to pay some staff bonuses worth up to double their salaries, in accordance with the European Union cap on bonuses.
SocGen disclosed on Monday a 299.8 million-euro compensation pool in 2013 for management, traders and employees whose activities have a material impact on the risk profile of the bank.
Chief Executive Officer Frederic Oudea said last month the bonus pool would be down for 2013, after a 445.9 million euro fine over attempted rigging of the Euribor benchmark rate wiped out investment banking profits in the quarter.
From next year bankers' bonuses in the 28-country EU can be no higher than their salaries or twice that amount if a bank's shareholders give their approval.
However, HSBC
(Reporting by Lionel Laurent, Leila Abboud and Maya Nikolaeva; Editing by Cynthia Osterman)
Relacionados
- Detienen a un varón acusado de herir de gravedad a otro tras darle un puñetazo y una patada
- Fiscalía pide 18 años de cárcel para el acusado de la muerte a cuchilladas de Miriam Tamayo en Jerez
- Acusado dice que no mató a un hombre con un sacacorchos y admite que lo usó para defenderse de otro
- La víctima del crimen de Coruxo se sentía "vigilada" por su exmarido, acusado de su homicidio
- El detenido acusado de matar a una mujer en Madrid es la expareja de la víctima y ha confesado el crimen
