Barclays

Barclays has announced a surge in profits by over a fifth in the first quarter of 2012, ahead of an expected shareholder rebellion over executive pay.

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.

Barclays has bowed to pressure from shareholders before its annual general meeting by putting a new clause into boss Bob Diamond's bonus package which could cut his payout in half.

The National Association of Pension Funds has added its voice to growing shareholder opposition to Barclays' pay packages.

The Association of British Insurers has joined the shareholder revolt over Barclays chief Bob Diamond's £17.7m pay deal.

Institutional investors have been advised to vote down Barclays' annual accounts and remuneration report due to concerns that assets and profits at the bank are overstated and bonuses are excessive.

Companies are bypassing banks and going straight to investors to borrow money, Legal & General Investment Management says.

Andrew Short looks at why dividends could be making a comeback

Andrew Short investigates how trustees can enjoy the benefits of exposure to corporate bonds, without the danger of financials.

Barclays Corporate & Employer Solutions has made two key hires to head up its employee benefit consulting and global stock & reward services teams.