The pre-tax profits of the Barclays Plc, the U. K.’s third- largest bank by assets, have been dropped to £1.7bn, which is a decline of 33%, in the first quarter ended at March. Annually the profits of the Barclays have been dropped by 9pc. The fall in profits is because of the slowdown in the Barclays Capital.

Cormac Leech, an analyst at Canaccord Genuity Ltd. in London, said that the performance of the BARC is not up to the mark and it is also very disappointing.

In the annual general meeting, some 11pc of Barclay’s shareholders have voted against the new long-term incentive plan scheme, while some 9pc of its investors voted against the new share compensation packages. But the changes in the bank’s plans and schemes have not affected by the votes.

The questions about the amount paid to the senior staff of the banks were raised in the shareholder meeting. The new Chief Executive, Bob Diamond, gave the bonus of almost £6.5m to the senior staff.

On the behalf of Bob, the Deputy Chairman and the Head of its Remuneration Committee, Sir Richard Broadbent, said that the awarded bonuses to Bob were "less than many of his peers in other similar banks".