Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender.
Pirc, which advises large shareholders, has recommended voting against Barclays’ remuneration report at its annual general meeting on 4 May, citing concerns over the pay of its highest paid director last year — group finance director Tushar Morzaria.
Morzaria...
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