Wednesday, April 7, 2010 as of 11:14 AM ET
Robert Edward "Bob" Diamond, Jr. (born Concord, Massachusetts, July 27, 1951) is an American banker, currently Group Chief Executive of British bank, Barclays Plc.
Read More at Wikipedia ›THE EVENT: Shareholder anger has erupted in the European financial services sector, with investors expressing increasing resistance to what they consider excessive executive pay packages.
Votes against remuneration packages have increased steadily, leading to the 54% rejection May 3 of U.K. insurer Aviva PLC's (AV.LN) salary structure. The votes, which in the past had been rubber-stamping of corporate pay policies, are non-binding. But high levels of opposition are humiliating rebukes for the companies involved and many have apologized for not taking shareholders' views on board.--Here is a look at some key annual meeting votes and some upcoming AGMs.*Prudential PLC (PRU.LN) May 17Remuneration vote opposition: 30%Notes: The non-binding vote, which contrasts with the 91% approval last year, comes after the company last year paid GBP7.6 million to Michael McLintock, chief executive of Prudential's asset management arm M&G Investments. It also comes after shareholder advisory group ISS ea...U.K. banks will present a mixed picture when they publish first-quarter results in the coming weeks, as those with a greater international presence continue to muscl...
U.K. bank Barclays PLC (BCS) Thursday said its top executives had agreed to tie 50% of their bonus awards to the bank's future profitability, as the company joined i...
U.K. bank Barclays PLC (BCS) said Thursday that following talks with some major shareholders, Bob Diamond, Chief Executive and Chris Lucas, Group Finance Director ha...
Credit Suisse's (CS) Brady Dougan took one of the biggest hits in his 2011 paycheck of any chief executive at a major global bank, the Swiss bank's annual report rev...
Man Group PLC (EMG.LN) cut Chief Executive Peter Clarke's pay by almost a third in 2011, the latest in a string of reduced pay packages for executives across the fin...
Britain's Barclays tapped Europe's central bank for 8.2 billion euros ($10.9 billion) of cheap funding this week, marking a U-turn for the bank as it had been worrie...
Investors in U.K. bank Barclays PLC (BCS) are putting pressure on its Chief Executive Bob Diamond to "tone down" his bonus amid mounting public anger about high bank...
("3rd UPDATE: Barclays Net Slumps On Lower Investment Bank Revenue," at 1054 GMT, misstated the percentage change in net profit in the bullet point and second paragr...
Barclays (NYSE:BCS) warned on Friday that it may not achieve its 13% return on equity target by 2013 as previously expected after its investment bank recorded its wo...
U.K. banking group Barclays PLC on Friday reported said profit fell amid "challenging economic and market conditions," and slashed its bonus pool. Full-year net attr...
LONDON -- The U.K.'s Barclays Bank PLC (BCS) said Friday it had yet to decide on the amount of bonuses it would be awarding its investment bankers, amid ongoing pres...
Barclays Chief Executive Bob Diamond weighs in on the global markets and how to spark economic growth in the U.S.
Barclays PLC (BCS) executives Friday were asked by investors to boost dividends and spend less on executive pay packages and employee bonuses, as nearly 27% of votin...
U.K. listed global financial services company Barclays PLC (BARC.LN) Friday said all resolutions proposed at the annual general meeting were approved by shareholders...
Barclays PLC's chairman, speaking at an annual meeting peppered with angry outbursts from shareholders, Friday apologized to shareholders for not taking their views ...
U.K. bank Barclays PLC (BCS) Thursday reported an improved performance at its revenue-generating investment banking division during the first quarter, but it warned ...
Barclays PLC (BCS) Thursday reported improved performance at its revenue-generating investment banking division during the first quarter, but the U.K. bank reported ...
U.K. bank Barclays PLC (BCS) Thursday reported a net loss of GBP337 million for the first quarter of 2012, hit by additional provisions on payment protection insuran...
The out-going head of the U.K. Financial Services Authority on Tuesday criticized the City's slow progress in overhauling corporate governance and pay structures in ...
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