Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Investors Revolt Against Executive Pay Plans At Tarnished Australian Banks
LPNEWS

Investors Revolt Against Executive Pay Plans At Tarnished Australian Banks

by reuters.com posted 10months ago 31 views
* NAB shares have lost over 20 pct since Royal Commission inquiry (Recasts, adds shares, shareholder comment): SYDNEY (Reuters) - Shareholders voted against the executive remuneration plans of two of Australia’s biggest banks on Wednesday following misconduct revelations that have swept through the country’s financial sector. National Australia Bank (NAB.AX) shareholders delivered an unprecedented protest vote against the lender’s pay plans, with a record 88.1 percent opposing the executive bonuses presented to the annual general meeting in Melbourne.

In this article