LONDON, April 26- British insurance group Prudential has poached Standard Life Chief Financial Officer Jackie Hunt to head up its UK and European business, following the resignation of Rob Devey.
*Barclays pay plan passed, 5 pct of investors against. LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting said they remain unconvinced that big bonus payouts will be abandoned by its new bosses as part of a new ethical drive.
*Barclays pay plan passed, 5 pct of investors against. LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting said they remain unconvinced that big bonus payouts will be abandoned by its new bosses as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay and a cooperative relationship with regulators as it tries to dispel a reputation for reckless risk-taking and unethical behaviour that caused a series of scandals.
*New UK law to give shareholders binding say on pay this year. DUBLIN/ LONDON, March 24- While politicians and public have fulminated against lottery-sized pay awards in Europe's boardrooms, fund firms, which wield the real power, are less concerned by such excesses and unlikely to use new powers to revolt on remuneration.
The central bank is hoping to change a deeply ingrained habit on Wall Street: awarding bonuses to senior executives based in part on whether the company's performance lagged or beat rivals. The Dodd-Frank financial reform law charged the Fed with implementing new rules about Wall Street pay.
BRUSSELS/ LONDON, March 6- European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay at public companies.
BERLIN, March 4- A Swiss decision to impose tough new controls on executive pay could encourage other European countries to follow suit, with political leaders in Germany and France voicing support for compensation rules modelled on those of their smaller neighbour.