Former Asia Global Finance Chair Jon Pratt Sues Barclays For $2.4 Million

[kreslik.news]

Jon Pratt, the former Asia Pacific Global Finance Chairman, is suing Barclays’ Asia Unit for HK$18.9 million ($2.4 million) for money that he was allegedly owed when he left the company.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

The claim, which was filed in Hong Kong’s labour tribunal last March, alleges that the money he is owed comprises of unvested deferred compensation from 2012 to 2015 of HK$11.7 million ($1.5 million) and a discretionary incentive award of HK$6.5 million ($837,000), according to the document.

The ... (read more)