Finance News – Payout
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Nationwide boss’s £7m pay package declared ‘obscenity’ during AGM
The approval of a 43% increase in the chief executive’s compensation to £7 million at the building society’s annual meeting sparked controversy among members who questioned its ali...
Read Full Article →Trader who claims he made 97% of hedge fund’s revenues sues over bonus
Robert Gagliardi alleges he generated nearly all of the hedge fund’s income but was refused a bonus, prompting legal action amid disputes over his conduct and compensation.
Read Full Article →Starbucks employees to return to the office four days a week — or take a payout
Requiring staff to work on-site most days could reduce operational costs and improve productivity, potentially supporting the company’s efforts to enhance financial performance and...
Read Full Article →Chemist Warehouse billionaires buy up big in Mosman
Following their recent substantial earnings from the stock market debut, Jack Gance and Mario Verrocchi are expanding their considerable real estate investments in the Mosman area.
Read Full Article →How Goldman won big in the Fed’s annual stress test
Goldman Sachs increased its shareholder distributions after benefiting from a more lenient stress test scenario and adjusted regulatory criteria during the Federal Reserve’s latest...
Read Full Article →Paramount pays Trump $16 million to settle ‘60 Minutes’ lawsuit
Paramount agreed to a $16 million settlement with Trump following his legal action against CBS News regarding the altered edit of an interview featuring Vice President Kamala Harri...
Read Full Article →First crash of Boeing’s 787 model comes weeks after $1.1bn 737 Max payout
The recent Air India incident involving the Boeing 787 adds financial pressure to the company shortly after a substantial settlement with the US government related to prior 737 Max...
Read Full Article →Merricks v Mastercard: Low funder payout risks future UK class action
The decision in Merricks v Mastercard highlights how limited remuneration for litigation funders may deter future class actions, potentially affecting consumer access to collective...
Read Full Article →Deliveroo agrees £2.9bn takeover by US rival DoorDash
The acquisition of Deliveroo by DoorDash for £2.9 billion includes significant financial benefits for employees and founders, with payouts totaling over £230 million combined from...
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