China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
THE era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest ...
Tag: Pay
Nomura executive earns a record US$12 million, tripling CEO’s pay
The pay boost came after soaring fixed-income trading and resurgent markets in JapanNOMURA Holdings gave Christopher Willcox the highest ever ...
Tesla, opponents of Elon Musk’s pay clash over resolving compensation lawsuit
TESLA and opponents of Elon Musk’s compensation clashed on Friday (Jun 21) over ways to resolve the legal quagmire that ...
Landmark Judgement: Billionaire Coca-cola Heir Alki David Ordered to Pay Record $900 Million to His Employee in a Sexual Assault Case
A Los Angeles jury has ordered Greek billionaire Alki David to pay $900 million in damages to a former employee ...
Apple turns to third parties for ‘buy now, pay later’ after sunsetting product
ALTHOUGH Apple is discontinuing its buy now, pay later (BNPL) service launched last year, the company is sticking with the ...
Trafigura agrees to pay US$55 million to settle CFTC charges
A UNIT of global commodities trader Trafigura has agreed to pay a US$55 million civil fine to settle US Commodity ...
Apple to discontinue ‘buy now, pay later’ service in US as it plans new loan programme
APPLE on Monday (Jun 17) said it will discontinue its “buy now, pay later” (BNPL) service in the United States ...
Private equity won’t stop gorging on debt to pay investors
PRIVATE equity investors are clamouring for their payouts. A risky approach to meeting their demands is setting records – and ...
Who is Heather Wells? U.S. Woman Duct-Taped for Mid-Air Mayhem Faces FAA Lawsuit After Failing to Pay Record $81,950 Fine
A disruptive American Airlines passenger, Heather Wells, 34, of San Antonio, has been fined $81,950 by the Federal Aviation Administration ...
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
TESLA shareholders approved CEO Elon Musk’s US$56 billion pay package in what was seen as an endorsement of his leadership, ...
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