January 12, 201214 yr HopelesslySlantedBonusCultureHigherSalariesBeforeCustomersHasta-la-vistaSuckers!Bedlington'sClosing!The revelation, which marks the first time the bank has defined its bonus pool, has been taken as an indication that the bank is not expecting to lower its pay pool from last year, despite the Government's specific demands.HSBC HldgsMr Flint told the Treasury Select Committee: "We haven't determined what it's going to be this year but it's around two billion [dollars]."The bank later confirmed that its investment bankers were paid $2bn last year from the group compensation pool of $4.7bn.But... let's be realistic here; how is someone on a mere £1.25M p/a going to survive these hard times without their £5M bonus?
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