Big bonus for HSBC chief executive

Local customers of HSBC will wish to watch the news from Britain tomorrow to see how much money Stuart Gulliver, the new chief executive of their bank, got by way of a bonus for his labours in 2010. Mark Kleinman writes in his blog that Mr Gulliver has been awarded a bonus of between £5m and £7m. That would be $8m to $10M Canadian. HSBC will report its results and you can judge whether the bonus (whatever it is) was justified