Labour told Post Office to pay bosses generous bonuses [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
Company Research
Source: Yahoo! Finance
David Mills, its chief executive from 2002 to 2005, said Royal Mail Group, which owned the Post Office, was ordered to do so by Patricia Hewitt, the then Secretary of State for Trade and Industry. Asked about his remuneration in the role, Mr Mills said: “First of all it was fixed, and then, I recall, the Secretary of State made it extremely clear to Allan Leighton [chairman of Royal Mail Group] that she expected the senior executive of the entire group to have remuneration that was performance-based, and that the targets for that performance should be stretching, and that the rewards for that stretching success were not to be miserly, they should be generous.” Mr Mills earlier told the inquiry that the Post office was losing £1 million every day when he first became chief executive. “It didn't take me long to realise that we had a burning ship, it was losing a million pounds every single day it operated,” he said. 04:49 PM BST That's all for today Thank you for following
Show less
Read more
Impact Snapshot
Event Time:
HSBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSBC alerts
High impacting HSBC Holdings, plc. news events
Weekly update
A roundup of the hottest topics
HSBC
News
- UPDATE 1-Abu Dhabi sovereign fund ADQ plans debut US-dollar bond issue [Yahoo! Finance]Yahoo! Finance
- Norway sovereign wealth fund backs HSBC bonus policy reform [Reuters]Reuters
- Grab's COO thinks there's ‘tremendous upside' in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter [Yahoo! Finance]Yahoo! Finance
- Grab's COO thinks there's ‘tremendous upside' in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter [Fortune]Fortune
- Ofwat explores Thames Water break-up in ‘Project Telford' rescue plan [Yahoo! Finance]Yahoo! Finance
HSBC
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/23/24 - Form 6-K
- HSBC's page on the SEC website