Barclays was stung by shareholders today after nearly a third of their votes failed to back the bank's bumper pay awards.
Following a heated annual meeting, Barclays revealed that 32% of investors voted against or withheld votes for the bank's pay report, while 24% failed to back remuneration committee chairman Alison Carnwath.
Chief executive Bob Diamond sparked anger among shareholders when it emerged he would receive £17.7 million in salary, bonus, benefits and vested long-term share awards last year, despite admitting his bank's performance was "unacceptable" in 2011.