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Standard Life to vote against Barclays' pay plan
April 24, 2014 / 11:14 AM / in 3 years

Standard Life to vote against Barclays' pay plan

LONDON (Reuters) - Standard Life SL.L said it would vote against Barclays’ (BARC.L) 2013 pay plan at the bank’s annual meeting on Thursday, adding its voice to what is expected to be a significant rebellion from shareholders.

A branch of Barclays bank is seen in London October 30, 2013. REUTERS/Toby Melville

Barclays has been criticized after increasing bonuses for investment bankers last year despite a one-third drop in profit.

Reporting by Matt Scuffham

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