AnaCap Financial Partners, a European private equity investor specialising in financial services, announced that it has entered into exclusive negotiations to acquire Barclays' French retail banking and wealth businesses. Barclays will continue to operate in the corporate and investment banking markets in France. AnaCap's banking investments include UK bank Aldermore, MeDirect in Belgium, Mediterranean Bank in Malta, Equa Bank in the Czech Republic and FM Bank in Poland. More than a third of Citigroup shareholders voted against the bank's executive remuneration plan at its annual general meeting on Tuesday, the Financial Times reports. The package included a 27 per cent increase to US$16.5 million for chief executive Michael Corbat. Corporate governance consultants Institutional Shareholder Services and Glass Lewis recommended that shareholders vote against the plan.