7th May 2014 06:30
LONDON (Alliance News) - Standard Chartered PLC has come under fire from investors for its pay policies, The Financial Times reported Wednesday.
According to the FT, two leading shareholder groups have recommended voting against the resolution on pay policy at the emerging markets-focused bank.
The FT said changes made to the bank's pay structure this year have meant "a significantly larger proportion" of variable pay is now based on single-year targets.
http://www.ft.com/cms/s/0/459b15b0-d521-11e3-adec-00144feabdc0.html#axzz30ubNKaOG
By Samuel Agini; [email protected]; @samuelagini
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