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Shareholder support for senior pay drops at Julius Baer

News Team, 19/05/2020

Philipp Rickenbacher

Julius Baer’s shareholders are the latest to show signs of dissent against senior pay.

Just over 20 percent of the represented vote at the bank’s Annual General Meeting yesterday (18 May) was against accepting the 2019 remuneration report, in a consultative vote.

Seventy-nine percent voted in favour of the report, down from 87 percent and 88 percent for 2018 and 2017 respectively.

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