CNBC, 25 Apr 2019 – RBS Bosses Braced for Shareholder Rebellion

“…The bank, which is still 62% owned by the taxpayer, has faced resistance from the Investment Association (IA), which has 200 members collectively managing over £7.7 trillion ($9.92 trillion) in assets, along with shareholder society ShareSoc and shareholder advisory body PIRC.

Earlier this month, ShareSoc director and RBS shareholder committee campaign co-ordinator Cliff Weight advised members holding RBS shares to vote against the bank’s remuneration report…”