We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Barclays shares drop like a stone after shock news
Comments
-
Pay aside, Barclays Bonus pool alone is bigger than their dividend pool!!!Shareholders. I'd not agree that we shoudl reward "risk takers", that's nonsensical, but if my bank believes that I add £50m to their bottom line, then it's hardly unfair for me to get 10% of that in pay.
If you gave me money to gamble on the lottery and you won, would you think I deserve more than half of the winnings?“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
PeacefulWaters wrote: »Less than 4%?
That's a minor correction. Not dropping like a stone.
Calm down!
Looks like a copy & paste of a Galvan email.
Dread to think what a 25% market drop would be described as!Remember the saying: if it looks too good to be true it almost certainly is.0 -
It's ridiculous mischaracterisations of what we do that mean very few of us can be bothered to try and explain the truth.
If you want to invent fantasies about banking, and get annoyed at your iwn inventions, then that's fine, but it's a bit pointless.
I genuinely can't understand why what I earn makes you have such a paddy.
I don't believe I made any reference to what you earn.
If you were a partner in a Wall Street Investment Bank, who sold out, in the decades leading up too the GFC - which is what I was referring to - then that was pure coincidence."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
bowlhead99 wrote: »There are lots of arguments and populist opinions trotted out in the media and down the pub every time a business dares to pay bonuses without growing profits.
Like many large quoted companies. Bottom line fiigures are deceptive. As are clouded in provisions and adjustments for a whole raft off issues. Underlying profit for the investment division was probably very good. It's the other areas of the business that are failing to deliver. Appears also that Barclays was above it's own budgeted overhead cost figure. Something which also can't be placed t the iinvestment bankers door.
Not in agreement with the level of pay that investment bankers receive. However much of the debate is sadly wide of the mark.0 -
berbatov10 wrote: »Archi bald you make a fine point Sir, question is should I buy Hmmm
I would advise against buying shares in a company where you think the chairman is making the wrong business decisions!!0 -
Glen_Clark wrote: »I have no problem with footballers getting £1m a week because none of it comes from me. Thats because I have a choice of whether I want to contribute to football. Although they are of no interest to me they must be worth £1m or people would not choose to pay that to watch them.
The problem is we don't have the same choice of whether or not to contribute to bankers salaries. The small shareholder is always outvoted by the likes of pension funds controlled by equally fat cats with their own snout in the trough. I have a Prudential pension, which means the boss of Prudential can effectively use my own shares in the pension fund to vote against people like me. Again the small shareholder usually holds shares in a platform so has no vote.
Un fortunately when you look that the economics of many football clubs everyone is paying, when you see them go into administration then the biggest creditor is invariably hmrc.
You might say this doesn't apply to teh biggest clubs but they can afford it and this further backs up my analogy as when the relative minnows go belly up the default hits the taxpayer.0 -
There's not necessarily a link between staff/directors' pay and dividends.Glen_Clark wrote: »Pay aside, Barclays Bonus pool alone is bigger than their dividend pool
Many perfectly good companies pay no dividend at all. In fact, following 2008, that was pretty common with banks too.0 -
Fallen close to another [STRIKE]2.5[/STRIKE] 4%. 12:00hrs."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards