Lloyds’s Horta-Osorio Tops HSBC Boss as Best-Paid Bank CEO
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Lloyds Banking Group Plc’s Antonio Horta-Osorio supplanted HSBC Holdings Plc’s Stuart Gulliver as the best-paid British bank boss in 2014.
Horta-Osorio, 51, chief executive officer of partially taxpayer-owned Lloyds, saw his total compensation increase by 54 percent to 11.5 million pounds ($17 million) for 2014. Gulliver, the head of HSBC, a bank almost twice as big by market value, had a 5 percent pay cut to 7.6 million pounds.