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Focus on Banker Bonuses 'Unfair': StanChart

Bankers bonuses new regulations risk standard chartered bank (London stock exchange: STAN - GB) warned that the bank's Asia department, BaiChengRui said, who not fair question attention has been paid to CEO.
Earlier this week, the European Union (eu) put forward plans to double their salary cap bankers bonuses. The luxury of bankers' bonuses, this is in the global financial crisis under the sharp criticism, in part, be blamed for cause excessive risk investment Banks.
(read more European Union bank bonuses cap lonely battle osborne set)
"When any one industry through the situation, through the bank, this is the only logical," said Della bin, refers to a given bankers bonuses debate should pay attention to. "We want to do the last thing is to give up the performance oriented culture, we have developed a long time," he said.
Standard chartered group, it on Tuesday reported a tax profit was $690 million in 2012, record the eleventh year of rising annual profit and found that it has already cut its bonus pool of 7%, to $140 million, and inside, CEO bonuses be cut by 10% to 14 billion.
The bank also said that in the earnings, the provisions of the invoice fresh, more strict liquidity and capital rules and the bank of England tax cost "north", $500 million a year, and could reach 80 billion dollars.
(read more: standard chartered bank CEO: from all directions "attack")
But on the whole, Penn Della in Asia is optimistic, said the bank had a very good start in 2013.
"We are in the right market, and in the balance sheet and liquidity in great shape," he said, give prominence to Angola and Cambodia area bank marked the extension.
"We have delivered to 10 years of record performance is match is mainly due to the influence of the market is still growing, three to four times than they are in the west."
 



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