New look at City bonuses

[AtW]

You're not entitled to dividends at all...

Eh? OWNERS of the company decide what the company does - paying dividend or not, when staff is helping themselves get enriched at the expense of owners getting bugger all dividend that can't possibly be right.

[doodab]

Yes, 5% that's massive

I was getting 5%+ on my savings account in "good times" (before QE and negative interest rates) ffs - why take extra risk with those shares then?

Yes but RBS were yielding 16% then.

What do you get on your savings account now?

[Random]

directors have a fiduciary duty to shareholders. They do not pay bonuses to stitch up shareholders, they pay them because if they do not they will lose talent and profit to competitors. Traders are entrepreneurs who will take their business with them if they leave. If you do not pay them a competitive bonus they WILL leave. Then the last thing you should be worrying about is your 1p per quarter dividend and be more focussed on the devaluation of your equity holding.

[sasguru]

directors have a fiduciary duty to shareholders. They do not pay bonuses to stitch up shareholders, they pay them because if they do not they will lose talent and profit to competitors. Traders are entrepreneurs who will take their business with them if they leave. If you do not pay them a competitive bonus they WILL leave. Then the last thing you should be worrying about is your 1p per quarter dividend and be more focussed on the devaluation of your equity holding.

You'rrrre not from around 'ere, are yerrrr?
If you were from these 'ere parrrts, you'd know that AtW is our resident economics village crrrretin.
Eeeee comes from forrreign parrrrts, eee duz where they don't understand capitalism, like.

[Random]

haha

[Bunk]

You'rrrre not from around 'ere, are yerrrr?
If you were from these 'ere parrrts, you'd know that AtW is our resident economics village crrrretin.
Eeeee comes from forrreign parrrrts, eee duz where they don't understand capitalism, like.

Yet he's advocating a more capitalist way of doing things. Paying the workers more of the profits sounds like the sort of thing he would approve of, so I'm wondering if he has an ulterior motive. Perhaps he's been spekulating on the banks and is disappointed by the yield.

[AtW]

I'm wondering if he has an ulterior motive. Perhaps he's been spekulating on the banks and is disappointed by the yield.

That's a dirty spekulation on my perfectly crystal motives!!!

[AtW]

directors have a fiduciary duty to shareholders.

Yes, and this duty includes ensuring that the company does not spend all its profits on cost of staff that can leave any time.

[Random]

Yes, and this duty includes ensuring that the company does not spend all its profits on cost of staff that can leave any time.

WHS would be good to check recent investment banking profit numbers..

[d000hg]

Eh? OWNERS of the company decide what the company does - paying dividend or not, when staff is helping themselves get enriched at the expense of owners getting bugger all dividend that can't possibly be right.

Company directors/share-holders (not sure which) decide how to manage dividends... some companies decide to do big dividends, others decide on none at all.