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IBM brings back bonuses for top execs even as profits slide

Last Updated: Saturday, January 31, 2015, 08:59

International Business Machines Corp brought back annual performance bonuses for its chief executive and her top lieutenants for 2014 despite falling profits and a tumbling stock price, a regulatory filing showed on Friday.

Europe set to allow banker bonus cap to hit 250 percent of salary

Last Updated: Thursday, October 24, 2013, 10:56

The European Banking Authority issued a consultation document on Wednesday detailing aspects of a "discount rate" that banks can apply under the European Union`s new bonus rules.

India Inc to cut bonuses, festive budgets: Survey

Last Updated: Sunday, September 8, 2013, 19:38

The survey included responses from 2,500 small, medium and large companies located in major cities including Mumbai, Delhi NCR, Chennai, Kolkata, Ahmedabad, Bangalore and Hyderabad.

Suspended CSA CEO Majola found guilty over IPL bonuses

Last Updated: Thursday, October 18, 2012, 12:50

Suspended Cricket South Africa CEO Gerald Majola has been found guilty of unauthorised expenditure at a disciplinary hearing.

Majola disciplinary hearing over IPL bonuses delayed again

Last Updated: Tuesday, October 9, 2012, 13:21

The disciplinary hearing of Cricket South Africa (CSA) chief executive Gerald Majola has been delayed yet again, this time at the request of the board due to unavailability of one of its key witnesses.

Cricket South Africa to sign huge sponsorship deal

Last Updated: Tuesday, June 5, 2012, 14:19

In a boost to its sagging fortunes after the IPL 2 bonuses debacle, Cricket South Africa is on the verge of signing a huge deal with a leading insurance company.

Majola questioned by police on 2009 IPL bonuses

Last Updated: Monday, March 26, 2012, 10:35

There seems no end to Gerald Majola`s woes, who was questioned by an elite police unit probing possible criminal charges related to the IPL bonuses.

HSBC to issue shares to pay UK bonuses: Source

Last Updated: Wednesday, February 22, 2012, 09:13

HSBC Holdings is to issue shares to pay the cash element of bonuses for its UK bankers in response to regulatory pressure to preserve capital, a person familiar with the matter said on Tuesday.

Lloyds to strip bankers of bonuses: Report

Last Updated: Monday, February 20, 2012, 09:04

British bank Lloyds is to strip five current and former senior bankers of more than 1 million pounds in bonuses over their role in the mis-selling of payment protection insurance (PPI), a newspaper reported on Monday.