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Goldman Sachs has suffered a stinging rebuke over pay from its investors just hours after shareholders in rival Deutsche Bank rejected its remuneration plans outright.
Burberry faces a revolt over executive pay after a lobby group urged its members to vote against the luxury fashion house's remuneration plans.
The Basel committee said lenders should reveal the "number and total amount of guaranteed bonuses paid during the financial year" and what adjustments have been made to a bank's remuneration plans because of "weak performance".
The former Spanish prime minister José Maria Aznar, the News Corp president and independent director, defended the system, saying it promoted stability in management and allowed the company "flexibility" in its executive remuneration plans.
The UK's largest firms paid directors bigger bonuses in 2015 than the previous year, despite a fall in the number of shareholders backing their remuneration plans, according to analysis by Deloitte.
Even remuneration plans are revamped on account of shareholders raising the heat.
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"The maximum limits under the remuneration plan have increased significantly and are too high in our view.
Under the new remuneration plan, Man also plans to award deferred bonuses only after a three-year assessment of the performance of the executive.
Standard said Mr Crombie wanted to "abide by the spirit of the remuneration plan rather than the letter of this plan".
Sutherland indicated that executives would receive bonuses next year despite the group's travails, saying that a remuneration plan will be announced in March that will reflect the need to retain experienced senior staff.
Catherine Howarth, chief executive of campaigning group ShareAction, said: "This year's remuneration plan at WPP demonstrates that directors' pay can indeed be hammered downwards when shareholders take a stand and vote 'no'no
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com