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HSBC Holdings ( (GB:HSBA) ) has issued an update.
HSBC Holdings has outlined the responsibilities and governance framework of its Group Remuneration Committee, which is tasked with overseeing the remuneration policies for the company and its subsidiaries. The committee ensures that remuneration practices align with the company’s risk appetite, strategy, and values, promoting long-term interests and stakeholder engagement. This move is aimed at maintaining effective risk management and compliance with regulatory requirements, thereby reinforcing the company’s commitment to sustainable business practices and stakeholder alignment.
More about HSBC Holdings
HSBC Holdings is a global banking and financial services organization. It offers a wide range of financial services including personal, commercial, and investment banking, as well as wealth management. The company operates in various markets worldwide, focusing on providing comprehensive financial solutions to its clients.
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