Trade Minister in Line for Pounds 4m Share Payout From Bank
Evening Standard - London › April 14, 2009
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Summary
TRADE minister Lord Davies is on course to get more than Pounds 4 million of shares from UK bank Standard Chartered, it emerged today.
Mervyn Davies, who stood down as chairman of Standard Chartered in January after Gordon Brown appointed him trade minister, is eligible for 426,000 shares worth Pounds 4.2 million.See the full content of this document
Extract
Trade Minister in Line for Pounds 4m Share Payout From Bank
The bumper payout could cause fresh embarrassment for the Government amid the ongoing row over City bonuses and the Pounds 700,000- a-year pension pa...
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