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Shareholders revolt over bumper boardroom pay in Britain
May 6th, 2012
Top British companies face a wave of investor activism as shareholders rebel over boardroom pay, amid under-performance in the poor economic climate and state moves to clamp down on corporate greed. (Source: AFP) -
By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johns... [Full Article]
By Peter Griffiths LONDON (Reuters) - Prime Minister David Cameron suffered an embarrassing blow in parliament on Wednesday when a third of his Conservative MPs voted against him in protest at his stance on Britain's membership of the European Union. Though the revolt was defeated, the rebellion could undermine Cameron's leadership, as sc... [Full Article]
LONDON (Reuters) - British Prime Minister David Cameron has called a meeting of his government's emergency Cobra security committee after the killing of a man in south London, his office said on Wednesday. Britian's government convenes Cobra meetings only to deal with incidents that have implications for national security. Media reports s... [Full Article]
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