Barclays: Standard Life leads shareholder protests in London

Thu Apr 24 2014, 18:45 hrs
Barclays Chairman David Walker defended pay levels at the bank, telling shareholders that it needed to raise bonuses to stop an exodus of senior executives. The resignation rate for senior Barclays employees in the United States almost doubled in 2013, he said, and there had been a marked increase in the number of people turning down offers of employment at the bank. Reuters photo
Barclays Chairman David Walker defended pay levels at the bank, telling shareholders that it needed to raise bonuses to stop an exodus of senior executives. The resignation rate for senior Barclays employees in the United States almost doubled in 2013, he said, and there had been a marked increase in the number of people turning down offers of employment at the bank. Reuters photo
Barclays is expected to easily win a binding vote on being allowed to pay up to twice the level of employees' salaries as bonuses under new European Union rules that cap pay. Reuters photo
Barclays is expected to easily win a binding vote on being allowed to pay up to twice the level of employees' salaries as bonuses under new European Union rules that cap pay. Reuters photo
Barclays could cut as many as 7,500 staff, mainly by shrinking its European fixed-income business, Bernstein analyst Chirantan Barua estimated this week. Barclays said its equities and investment banking advisory businesses in the first quarter performed broadly in line with a year ago.Reuters photo
Barclays could cut as many as 7,500 staff, mainly by shrinking its European fixed-income business, Bernstein analyst Chirantan Barua estimated this week. Barclays said its equities and investment banking advisory businesses in the first quarter performed broadly in line with a year ago.Reuters photo
A demonstrator wearing a mask depicting Barclays Chief Executive Antony Jenkins protests as a guide directs shareholders to the Barclays AGM in central London. Barclays Plc said its first-quarter profit fell after a "significant" drop in revenue from its investment bank's fixed- income operations, extending an industry slump across that business. Reuters photo
A demonstrator wearing a mask depicting Barclays Chief Executive Antony Jenkins protests as a guide directs shareholders to the Barclays AGM in central London. Barclays Plc said its first-quarter profit fell after a "significant" drop in revenue from its investment bank's fixed- income operations, extending an industry slump across that business. Reuters photo
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