Lloyds Bank Braced For Questions Over Chief Executive's Pay - Presented by: The Aol. On Network

State-backed Lloyds Banking Group is braced for tough questions from shareholders at its annual meeting on Thursday over a 7.8 million pound ($13.1 million) pay package handed to Chief Executive Antonio Horta-Osorio. Banks across Europe have come under fire from the public, shareholders and politicians for rewarding staff lavishly at a time of austerity that was partly brought on by reckless lending by some financial institutions.



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