Barclays fails to stem investor rebellion

clock

Barclays chief executive Bob Diamond's decision to forgo half his bonus until the bank improves profitability has failed to assuage the concerns of institutional investors.

The British bank announced yesterday that Diamond and group finance director Chris Lucas had agreed that half of their deferred bonuses would not be paid to them until returns on equity at the busi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK GDP shrinks 0.1% in January

UK GDP shrinks 0.1% in January

Decline in GDP due to a fall in production output as forecast predicts 'tough year ahead'

Sorin Dojan
clock 14 March 2025 • 2 min read
PLSA Investment Conference: Member outcomes must be 'front and centre' of scheme agendas

PLSA Investment Conference: Member outcomes must be 'front and centre' of scheme agendas

People’s Pension CIO says members want ‘do it for me’ approach from providers

Jasmine Urquhart
clock 14 March 2025 • 1 min read
XPS Group becomes administrator of John Lewis pension scheme

XPS Group becomes administrator of John Lewis pension scheme

Scheme selected consultancy of administrator to ensure high-quality service for members

Holly Roach
clock 14 March 2025 • 2 min read
Trustpilot