Less Ads, More Data, More Tools Register for FREE

Lloyds says 98 percent of shareholders at AGM back pay plan

Thu, 15th May 2014 13:37

LONDON, May 15 (Reuters) - State-backed Lloyds Banking Group said on Thursday that 98 percent of shareholders at itsannual general meeting approved its executive pay plan for 2013.

Lloyds also said that 98.8 percent backed a resolutionenabling it to pay bonuses to key staff worth up to twice theirfixed pay.

(Reporting by Matt Scuffham; Editing by Laura Noona)

Related Shares

More News
31 May 2024 12:59

CORRECT: Watchdog launches inquiry into Nationwide buy of Virgin Money

(Clarifying the acquisition is in cash.)

31 May 2024 10:03

UK watchdog launches inquiry into Nationwide-Virgin Money merger

(Alliance News) - The Competition & Markets Authority on Friday said it had opened an inquiry into Nationwide Building Society's acquisition of Virgin...

31 May 2024 08:34

UK competition watchdog probes Nationwide-Virgin Money deal

May 31 (Reuters) - Britain's competition regulator said on Friday it had started a probe into Nationwide Building Society's proposed 2.9 billion pou...

23 May 2024 10:44

IN BRIEF: Lloyds Banking to redeem USD1.5 billion senior notes

Lloyds Banking Group PLC - Edinburgh-based lender - Issues notice of redemption for entire USD1.50 billion outstanding principle amount of its 3.870% ...

16 May 2024 13:05

Activists disrupt Lloyds Bank shareholder meeting

LONDON, May 16 (Reuters) - Activists disrupted Lloyds Banking Group's annual shareholder meeting in Glasgow on Thursday, protesting against the bank...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.