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

https://www.cnbc.com/2019/04/25/rbs-bosses-braced-for-shareholder-rebellion-over-pay-report.html

“…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…”