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The Guardian - UK
The Guardian - UK
Business
Jill Treanor

Bank bonuses: filling in the gaps

Peter Wong, HSBC's head of Asia
Peter Wong, HSBC's head of Asia, took home £3.749m last year. Photograph: China Photos/Getty Images

Slowly but surely it is becoming possible to identify the top eight highest paid executives at the major banks.

The government is requiring disclosure of pay deals for the top highest paid executives of banks – in an attempt to expose pay below board level – but is allowing banks to provide the information anonymously.

But while the annual reports produce the tables with the individuals remaining unidentified, a close examination of stock exchange disclosures can help to fill in the gaps.

This is the case with HSBC and RBS, whose tables from the annual reports can now be filled with the identities of the individuals.

Lloyds Banking Group is yet to publish its annual report so the tables are not available, while Barclays has published the table but not yet the separate stock exchange disclosures that might help to fill in the gaps.

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