Legal & General's fund arm to vote against Metro Bank chair
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LONDON (Reuters) - Legal & General Investment Management, one of the biggest institutional investors in embattled lender Metro Bank, said it plans to vote against the chairman and other board members at the company's annual meeting.LGIM, part of insurer Legal & General, said it had "long-standing concerns" about Metro Bank for its lack of independent directors, poor gender diversity, pay structure and failure by the company to manage conflicts of interest. After voting against the re-election of..