PRESS DIGEST- Financial Times - December 22
Dec 21 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
JPMorgan questioned Tricolor's accounting a year before its collapse
Revolut clashes with former staff over tax on share awards
Fidelity pledges crackdown on excessive corporate pay
Royal Mail's new pension scheme falls 5% in first six months
Overview
JPMorgan Chase JPM.N was aware for more than a year of "serious material weaknesses in accounting practices" at Tricolor Holdings.
Revolut has clashed with dozens of former senior staff facing unexpectedly large tax bills from selling shares in the company.
Fidelity International has warned UK company chairs against approving excessive pay packets as part of a broader crackdown on corporate governance standards.
Royal Mail's new pension scheme fell almost 5% in its first six months, raising questions over the level of future payouts for its more than 100,000 members.
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