Lloyds investors rebel against bank's executive pay report

Lloyds investors rebel against bank's executive pay report
 

Lloyds Banking Group has suffered its first significant shareholder rebellion since fully exiting state ownership last year, after more than a fifth of investors refused to back its remuneration report.
Almost 21% of Lloyds investors voted against the bank’s executive pay report for 2017, which was seen as a landmark year for the company after it ended almost a decade of taxpayer ownership.
The former bailed-out bank becomes the latest major British company to suffer a pay revolt from investors over recent weeks. More than 20 listed firms, including the pharmaceutical company AstraZeneca... read more

 
24 May 2018 in Business, Views: 59
Source: Guardian
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