--HSBC Holdings PLC's Chief Financial Officer Ewen Stevenson will get a 147,000 pound ($205,976) pay rise when he takes on responsibility for the bank's transformation plans and mergers-and-acquisition strategy in April, Sky News reports, citing unidentified sources close to the lender.

--Mr. Stevenson's annual base salary will increase to almost GBP1.1 million from GBP950,000, and he plans to donate the first year's rise to charity, Sky News reports.

Full story: https://bit.ly/3aFBQpX

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(END) Dow Jones Newswires

February 22, 2021 06:03 ET (11:03 GMT)

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