HSBC 2015 Annual Report Download - page 318

Directors’ Remuneration Report (continued)
Annual report on remuneration
HSBC HOLDINGS PLC
316
2016 annual incentive scorecards
Stuart Gulliver
Measures Description Weighting
Profit before tax • Group’s reported profit before tax1 20%
Deliver cost savings • Group adjusted cost base 20%
Reduce Group RWA • Reduction of Group RWAs 10%
Strategic growth • Asia growth
– Pearl River Delta revenue, ASEAN revenue, RMB revenue
• International (ex-Asia) growth
– Rebuild profitability in Mexico and US
– Revenue growth from international network
10%
Total financial outcomes 60%
Global Standards including risk and compliance • Embedding of AML, Sanctions and Anti-Bribery and Corruption policies
• Enhancement of customer due diligence
• Implementation and embedding of global conduct programme
• Progress on embedding Global Standards
25%
Personal objectives • Progress transactions in Brazil and Turkey
• Progress key milestones on set-up of UK ring-fenced bank
• Delivery of other high priority projects
• People development including diversity
15%
Total risk 40%
Total2 100%
Iain Mackay
Measures Description Weighting
Profit before tax • Group’s reported profit before tax1 20%
Deliver cost savings • Group adjusted cost base 20%
Reduce Group RWA • Reduction of Group RWAs 10%
Total financial outcomes 50%
Global Standards including risk and
compliance
• Strengthen governance and control around financial processes
• Delivery of controls optimisation project
• Implementation and embedding of global conduct programme
• Enhancement of operational risk management framework
• Successful delivery of stress testing in key markets
25%
Personal objectives • Deliver cost savings
• Implementation of consistent capital management framework
• Progress key milestones on set-up of UK ring-fenced bank
• People development including diversity
25%
Total risk 50%
Total2 100%
Marc Moses
Measures Description Weighting
Profit before tax • Group’s reported profit before tax1 10%
Reduce Group RWA • Reduction of Group RWAs 15%
Total financial outcomes 25%
Global Standards including risk and
compliance
• Embedding of AML, Sanctions and Anti-Bribery and Corruption policies
• Enhancement of customer due diligence
• Implementation and embedding of global conduct programme
• Enhancement of operational risk management framework
• Implementation of US risk management measures
50%
Personal objectives • Deliver cost savings
• Successful delivery of stress testing
• Support business growth and improve RWA effectiveness/efficiency
• People development including diversity
25%
Total risk 75%
Total2 100%