Bloomberg News

Barclays to Check With Investors on Pay, Sunday Telegraph Says

April 15, 2012

Barclays Plc (BARC) will pledge to consult investors on large one-time payments to executives, with some shareholders set to reject its remuneration report, the Sunday Telegraph reported, without saying where it got the information.

Barclays will also promise greater investor returns in the future, the newspaper said. The concessions won’t apply to awards already granted to Chief Executive Officer Robert Diamond, the Sunday Telegraph reported.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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