HSBC rapped as boss 捕らえる、獲得するs £2.2m

By Patrick Hosking
Updated: 00:00 BST, 3 March 2003

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BRITAIN'S biggest bank, HSBC, has been （刑事）被告 of letting costs run out of 支配（する）／統制する as 長，指導者 (n)役員／(a)執行力のある Sir Keith Whitson took a 43% 支払う／賃金 rise to £2.2m. HSBC 解除するd pre-税金 利益（をあげる）s by 21% to a 記録，記録的な／記録する $9.65bn (£6.1bn) after a 削減 in the 量 of 貸付金s going sour.

Bad a nd doubtful 負債s totalled $1.32bn in 2002, 負かす／撃墜する $716m on 2001 when it wrote off hundreds of millions of dollars lent to 乱打するd Argentina. (n)役員／(a)執行力のある chairman Sir John 社債 said: 'Our credit experience was better than last year, even adjusting for the exceptional events in Argentina.'

But that success was 影を投げかけるd by a 悪化／低下 in the cost-income 割合, a closely-followed 手段 of cost 支配（する）／統制する, from 54.5% in the first half to 57.9% in the second half. 'Cost 支配（する）／統制する was poor,' said 示す Thomas of Fox-Pitt Kelton. 'This was the main factor behind operating 利益（をあげる）s 存在 4% below 期待s.'

HSBC said costs rose because of new 取得／買収s, 投資 in its 拡大するing wealth 管理／経営 分割 and expenses associated with 'the enhancement of 商売／仕事 過程s'.

Total boardroom rewards went up 10% to £9.7m, with 去っていく／社交的な Whitson enjoying the biggest 一括, thanks to a £1.4m 特別手当. 社債's 支払う／賃金 辛勝する／優位d up 3 1/2% to £1.885m.

Whitson's 支払う／賃金 rose はっきりと because he got an 高めるd 特別手当 to 補償する him 行方不明の out on a long-称する，呼ぶ／期間／用語 特別手当 計画／陰謀, a 広報担当者 said. Group costs were always higher in the second half because of the タイミング of marketing spending and 特別手当s, he 追加するd.

長，指導者 (n)役員／(a)執行力のある elect Stephen Green's total 支払う／賃金 rose 21% to £965,000. While many in his 投資 banking 分割 got no 特別手当 last year, Green collected a £461,000 discretionary 特別手当.

However, his 支払う／賃金 paled behind some of the awards to 非，不，無-directors. One 無名の (n)役員／(a)執行力のある was paid £7.4m last year and five got more than £4.1m.

The bank 宣言するd a second 暫定的な （株主への）配当 of 32.5 cents a 株, making a 53 cents total, up 10%. It also 明かすd a new （株主への）配当 政権 under which it will 支払う／賃金 out 年４回の, beginning in the second half of this year. This 定評のある 'the 増加するing importance of （株主への）配当 flows to our 株主s,' it said.

HSBC also 明らかにする／漏らすd it had 注入するd an 付加 £500m into its main British 年金 基金 in 返答 to 落ちるing 株 markets and rising longevity.

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