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Standard Life to vote against Barclays' pay plan

A branch of Barclays bank is seen in London October 30, 2013. REUTERS/Toby Melville
A branch of Barclays bank is seen in London October 30, 2013. REUTERS/Toby Melville

LONDON (Reuters) - Standard Life said it would vote against Barclays' 2013 pay plan at the bank's annual meeting on Thursday, adding its voice to what is expected to be a significant rebellion from shareholders.

Barclays has been criticized after increasing bonuses for investment bankers last year despite a one-third drop in profit.

(Reporting by Matt Scuffham)

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