Caporegime
http://www.independent.co.uk/news/b...der-revolt-over-bob-diamonds-pay-7627230.html
... over the issue of executive pay. It will be interesting to see how this plays out, if the named shareholders in that article do vote against the board or whether the charm offensive that's no doubt in progress will change their minds.
Of course, even if Standard Life, Aviva et al do vote against the proposed remuneration packages I don't think there'll be an overall no vote , not least because a major Barclays shareholder is sinister New York based Private Equity group BlackRock who are unlikely to vote against the board. Coincidentally Barclays CEO Bob Diamond is on the board at BlackRock.
... over the issue of executive pay. It will be interesting to see how this plays out, if the named shareholders in that article do vote against the board or whether the charm offensive that's no doubt in progress will change their minds.
Of course, even if Standard Life, Aviva et al do vote against the proposed remuneration packages I don't think there'll be an overall no vote , not least because a major Barclays shareholder is sinister New York based Private Equity group BlackRock who are unlikely to vote against the board. Coincidentally Barclays CEO Bob Diamond is on the board at BlackRock.