New look at City bonuses

[AtW]

The vast majority of shares don't distribute a decent dividend, can you think of any reason why they still attract investment ?

Show me one other industry where dividend yield is 0.3% where as management and staff gets bonus ON TOP OF ALREADY MASSIVE SALARIES that is 14 times more than what investors get?

[quote]you will find though that although there is an element of the bonus related to the overall bank results, most of it will be related to individual/team/department performance.[/quote

FFS, are you an idiot or something? The TOTAL amount of profit paid to OWNERS is FAR less than bonuses! It's not like Barclays is paying massive dividend (say 10% yield), and pocket equivalent of 5% extra yield into their own pockets, no - they take MOST of profit into their pockets leaving OWNERS feck all.

I didn't realise it was the usual failed socialist morality railing against percieved injustice.

Are you a retard luke, or do you work for a bank? I say categorically that OWNERS of banks who OWN shares in them are being robbed by staff of banks to pocket most of profit - that's scandalous that they pay 1pence per share dividend and pocket 14 pence per share as bonus, ffs - bonus for what exactly, if they get all of profits? The real profits are those paid as dividends - the rest is staff cost!

[lukemg]

If ignorance is bliss, you must be well happy...

[sasguru]

I say categorically that OWNERS of banks who OWN shares in them are being robbed by staff of banks to pocket most of profit !

So these owners of bank shares...who forced them to buy bank shares?
Like Luke says Barclays have done very well for me.

PS Ironically you're typing this from the server room where you've been banished because of your lack of real world experience, aren't you

[sasguru]

If ignorance is bliss, you must be well happy...

Its lucky they've brought in external people to run Atwat's business. Can you imagine what would happen with him at the helm?

[AtW]

If ignorance is bliss, you must be well happy...

Idiot, what's so socialist about saying that OWNERS of the PROFITABLE company should get far more than 0.3% yield and already highly paid employees should not get 95% of the "profit" as bonuses?

FFS, profit is something that is real PROFIT - AFTER bonuses and other costs!

[sasguru]

Idiot, what's so socialist about saying that OWNERS of the PROFITABLE company should get far more than 0.3% yield and already highly paid employees should not get 95% of the "profit" as bonuses?

FFS, profit is something that is real PROFIT - AFTER bonuses and other costs!

Cretin, what do you NOT get about the fact that "owners" are free to sell their shares and own other companies if they so wish?

[AtW]

So these owners of bank shares...who forced them to buy bank shares?

The real question here is why Barclays share price is so high with 1 pence yield and shares selling for 340, with massive staff costs that are not just out of control - staff decides how much to pay themselves so much that there is no money left for owners of the business!

Now if staff owned the business shares and their bonus was via dividends paid through profits, then fair enough but it's not the case.

So why Barclays share are so artificially high? It's a good question and the answer is probably in that this system of hot air is there to support their own shares despite feck all dividends they pay.

It's not like they have got loyal staff or patents or some intellectual property - so my fair value placed on shares of Barclays is their expected dividends in the next 5 years, or at current rate something around 30-50 pence at best.

[AtW]

Cretin, what do you NOT get about the fact that "owners" are free to sell their shares and own other companies if they so wish?

What I don't get is why owners of Barclays and other banking shares allow their management to pocket vast majority of profits.

[lukemg]

And these bonuses are a cost of doing business, the same as salaries.
Everyone has the right to be dim, but you are really abusing it...
Unconscious incompetence - look it up - always leads to the most strident defence of a flawed argument.

[sasguru]

The real question here is why Barclays share price is so high with 1 pence yield and shares selling for 340, with massive staff costs that are not just out of control - staff decides how much to pay themselves so much that there is no money left for owners of the business!

Now if staff owned the business shares and their bonus was via dividends paid through profits, then fair enough but it's not the case.

So why Barclays share are so artificially high? It's a good question and the answer is probably in that this system of hot air is there to support their own shares despite feck all dividends they pay.

It's not like they have got loyal staff or patents or some intellectual property - so my fair value placed on shares of Barclays is their expected dividends in the next 5 years, or at current rate something around 30-50 pence at best.

You still don't get that the ******* MARKET SETS VALUE.
YOU ARE NOT THE ******* MARKET. MORON.

HTH, but IKIW.