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StanChart CEO, CFO take pension cuts after shareholder protest

FILE PHOTO: A logo of Standard Chartered is displayed at the financial Central district in Hong
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LONDON (Reuters) - Standard Chartered said on Friday that the pension allowances for its chief executive and chief financial officer will be halved from January following a shareholder protest.Bill Winters and Andy Halford have agreed to have their pension allowances cut from 20% to 10% of their salary, putting them in line with the rest of the bank's workforce in Britain. Bank executives in..
Date Published: Nov 08, 2019
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