Sparks fly at Barclays AGM as shareholders grill execs

Shareholders accused Diamond of “bringing the bank into disrepute”, and driving it into bankruptcy, the Telegraph reports. The chief executive was awarded a £17m payout for 2011, although the terms of his remuneration were revised last week in an attempt to appease angry shareholders. Alison Carnwath, the head of the remuneration committee at Barclays, was heckled by investors as she tried to explain the link between executive pay and shareholder returns. "Managing remuneration is a critical element of delivering returns to shareholders," she said. “We realise not all our sharehold...