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£10.1m is Shell of a pay packet for oil giant’s boss

Mar 15th, 2012
by John Donovan.
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By STEVE HAWKES, Business Editor Published: Today at 13:41

THE BOSS of SHELL trousered £10.1million last year – and didn’t spend a penny on petrol.

The oil giant’s annual report today revealed chief executive Peter Voser made a fortune in bonuses and long-term share awards.

Benefits included “company provided transport for home-to-office commuting”.

It came as a government-commissioned report said there are nearly EIGHT MILLION Brits in “fuel poverty”.

Shell made huge profits of £18billion – or £2million an hour – last year as oil prices soared to near record levels.

On average Shell filling stations are more expensive than supermarket forecourts. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

HSBC fined £10.5m for ripping off OAPs

Dec 5th, 2011
by John Donovan.
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Mon, 05 Dec 2011

By STEVE HAWKES, Business Editor

BANKING giant HSBC faces a nearly £40million bill after being found guilty of ripping off almost 2,500 pensioners.

The City regulator today said elderly customers who were mis-sold products were more likely to DIE than benefit from their investment bonds.

The Financial Services Authority fined HSBC £10.5million — its biggest ever retail fine.

It also said the bank was set to pay £29.3million in compensation.

FULL ARTICLE

RELATED

The 10 biggest Financial Services Authority fines

HSBC has been handed a £10,5m fine, but it is not the biggest financial slap on the wrist handed down by the FSA.

£33,320,000 JPMorgan Securities Ltd
Failing to protect client money by segregating it appropriately.

£17,500,000 Goldman Sachs International
For weaknesses in controls resulting in failure to provide FSA with appropriate information read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

SHELL’S PROFITS HIT £49m A DAY

Oct 28th, 2011
by John Donovan.
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By STEVE HAWKES, Business Editor: Friday 28 October 2011

*£12.5bn cash in the bank

*90,000 staff around the world

*3m output in millions of barrels a day

SOARING oil and gas prices have sent profits surging to £49million a day at SHELL.

The energy giant made a whopping £4.5billion over the three months to October — DOUBLE the same period a year ago.

Yesterday’s figures come as drivers are being forced off the road by soaring petrol prices as the cost of oil hits record highs.

AA chiefs claim a quarter of motorists are cutting back.

AA president Edmund King said motorists “will not be pleased” to see oil giants making a killing.

But he insisted many now blame the Chancellor more than oil companies for the huge prices they pay at the pump. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.