Degroof Petercam fined €1 million for overcharging employees on stock option plans
By
@tijd
1h ago· 1 min readnlNews
Summary
Degroof Petercam, a Belgian bank, overcharged hundreds of employees at companies like Argenx, Solvay, and UCB for stock option plans over many years without properly informing them. The financial regulator FSMA is fining the bank 1 million euros and forcing it to increase transparency.
Source
Key quotes
· 2 pulledDegroof Petercam rekende honderden werknemers van bedrijven als Argenx, Solvay en UCB jarenlang torenhoge kosten voor aandelenoptieplannen, zonder hen daar correct van op de hoogte te brengen.
Toezichthouder FSMA, waaraan Degroof Petercam 1 miljoen euro moet betalen, dwingt de bank tot meer transparantie.
De Belgische bank Degroof Petercam rekende honderden werknemers van bedrijven als Argenx, Solvay en UCB jarenlang torenhoge kosten voor aandelenoptieplannen, zonder hen daar correct van op de hoogte te brengen. Toezichthouder FSMA, waaraan Degroof Peterca
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