Shareholders are warning Lloyds Banking Group that they have residual concer

游客2024-02-04  12

问题     Shareholders are warning Lloyds Banking Group that they have residual concern about bonuses of £ 4 million awarded to executives for last year, despite assurances from the bank that it will review its procedures for determining payouts.
    Big City investors are being urged to take "careful considered judgment" before backing the pay policies at the bank at the annual meeting when voting on the remuneration(报酬)report.
    The Association of British Insurers(ABI), whose members include the big insurance company investors in the stock market, has issued an "amber top" alert on the remuneration report—an indication that the ABI sees potential problems with the approach to pay and corporate governance that require close analysis.
    The bank, 41% owned by the taxpayer, has attempted to defuse a potential row with investors over the bonuses handed to its boardroom by announcing the resignation of the chairman of the remuneration committee, Wolfgang Berndt. He left after pressure from the government over concerns he had awarded a £2. 3 million bonus to chief executive Eric Daniels. UK Financial Investments, the body which looks after the taxpayers’ stake in Britain’s state-supported banks, played a key role in Berndt’s departure but refused to comment on how it vote on the remuneration report.
    Daniels turned the bonus down, but four boardroom colleagues accepted a combined £ 4 million in bonuses in a year in which the bank reported losses. Peter Montagnon, director of investment affairs at the ABI, said, "There is some residual concern among some shareholders in the way the remuneration committee made its decision on bonuses. We note that there is a new remuneration committee chairman, and a commitment to maintain close dialogue, which is positive."
    Lloyds said that in addition to toughening up the performance targets for new bonuses, it would take extra care when awarding bonuses at the end of this year. "Following shareholder representation, the remuneration committee will review performance against targets for the 2010 annual incentive(鼓励)plan in light of the overall operating performance. It will exercise its discretion to reduce awards if it is thought to be appropriate," the bank said. [br] What do we know about the "amber top" alert by the Association of British Insurers?

选项 A、It is a threat to big insurance company investors.
B、It indicates how confused the stock market is.
C、It implies that possible issues exist in payment and management.
D、It points out the responsibility the government should take.

答案 C

解析 细节辨认题。由定位段可知,英国保险协会已发出警示,这表明其看到了付薪方式以及公司管理体制存在的潜在问题,故正确答案为C)。
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