A bonus of £9 million has been accepted by the head of HSBC's investment banking business.
Stuart Gulliver, who runs the bank's global banking and markets business and its asset management arm, will receive one of the largest bonuses paid by the company.
HSBC has recently seen its investment banking arm drive profits and has revealed two other HSBC employees will also receive a bonus worth £9 million.
Mr Gulliver, who is also head of HSBC's operations in Europe and the Middle East, will receive the £9 million bonus on top of his £800,000 basic annual salary.
The company's chief executive, Michael Geoghegan, recently announced that he will donate his £4 million bonus for 2009 to charities over the next five years.
Peter Sands, head of Standard Chartered, has also revealed he will donate his bonus to charity, according to the Daily Telegraph.
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