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Freddie Mac's departing chief executive is due for a payout of $24m.
(A shareholder has to vote against the deal to be eligible for a payout).
UBS said: Valuation is a significant discount despite strong organic growth, and scope for a payout rise and M&A.
James Gorman, the chief executive, who last year refused to take a cash bonus, opting for a payout in shares instead, said he was "pleased with progress".
While universities fight suggestions that Congress push for a payout rate, experts say there is anecdotal evidence that more donors favor spend-down policies.
If he left the business, Walden would also be in line for a payout of at least £676,500; his basic annual salary after a 2% pay rise.
Similar(10)
Mentally, it seemed people were irrationally willing to overbid for a large payout, and the likelier the payout, the more they'd overpay.
And so there's a payout for them to stay.
If there were a payout for these folks the insurance companies might solve problems the government seems incapable of fixing.
This would leave banks liable for a huge payout for which they would have no reserves.
And if so, are you in line for a compensation payout?
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