Ignorance is bliss for bank bonus critics

first_imgMonday 7 March 2011 9:22 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ Share whatsapp Ignorance is bliss for bank bonus critics THE Treasury might be wishing it could close the barn door today after Barclays’ revealed that the bank’s top executives are in line for pay-outs of up to £14m each, provided they meet performance targets.Jerry del Missier and Rich Ricci, the executives in question, run Barclays Capital, the bank’s investment banking division, and have the dubious honour of being BarCap’s first chiefs ever to have their pay packets published.They were disclosed as part of Project Merlin, the deal that banks struck with George Osborne in order to repair their image and move on from a period of public anger about bankers’ pay.The irony is particularly rich given that it was Barclay’s former chief executive John Varley who pushed the deal through in the first place.Critics will hardly be mollified by the fact that Bob Diamond’s £6.5m bonus relates to a year in which he headed BarCap, rather than the whole bank, or that pay previously assigned but not yet handed over to senior staff was cut by £91m after their performances failed to meet targets.Instead, they point to dismal returns for shareholders over the medium-term:?the bank’s share price has yet to scale its heady pre-crisis highs of 700p. But, in a more reasonable comparison, it also drifted downwards over the course of 2010, beginning at 276p and ending at 260p.Until shareholders raise their own complaints, however, the government’s greater transparency requirements won’t serve to do much except whip up further public fury. center_img whatsapp Tags: NULL KCS-content More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comlast_img read more

UK productivity fell at 2010 end

first_img Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Thursday 7 April 2011 8:35 pm whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald PRODUCTIVITY in the UK fell by 0.3 per cent in the final three months of the year compared to the previous quarter, officials said yesterday.Compared to the final quarter of 2009, productivity was up by 0.8 per cent, according to the measure of output per worker.Meanwhile, separate data from Experian showed that insolvencies fell by 12.5 per cent in February on an annualised basis. center_img UK productivity fell at 2010 end whatsapp Share Show Comments ▼last_img read more

Kenya Commercial Bank Limited Group (KCB.ug) 2005 Annual Report

first_imgKenya Commercial Bank Limited Group (KCB.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2005 annual report.For more information about Kenya Commercial Bank Limited Group (KCB.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited Group (KCB.ug) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited Group (KCB.ug)  2005 annual report.Company ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

Promotion and Development Ltd (PAD.mu) 2009 Abridged Report

first_imgPromotion and Development Ltd (PAD.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2009 abridged results.For more information about Promotion and Development Ltd (PAD.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Promotion and Development Ltd (PAD.mu) company page on AfricanFinancials.Document: Promotion and Development Ltd (PAD.mu)  2009 abridged results.Company ProfilePromotion and Development Limited is a company based in Mauritius which deals in the shares investment, property development, and supply and provision of services associated with such activities in Mauritius. The company has property, shares, and security segments that it operates through. Promotion and Development Limited also rents properties and provides security and property protection services, as well as sells equipment. Promotion and Development Limited is listed on the Stock Exchange of Mauritius.last_img read more

CFC Stanbic Holdings Limited (CFC.ke) HY2013 Interim Report

first_imgCFC Stanbic Holdings Limited (SBIC.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2013 interim results for the half year.For more information about CFC Stanbic Holdings Limited (SBIC.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the CFC Stanbic Holdings Limited (SBIC.ke) company page on AfricanFinancials.Document: CFC Stanbic Holdings Limited (SBIC.ke)  2013 interim results for the half year.Company ProfileCFC Stanbic Holdings Limited is a financial service, insurance agency and stock broking company in Kenya offering products and services to the personal, commercial, corporate and investment banking sectors. The company also has division servicing clients in the Republic of South Sudan. Its corporate and investment banking division services range from transactional banking, debt securities and equity trading to project, structured and trade financing. Its personal and commercial banking division offers services ranging from The Corporate and Investment Banking segment offers foreign exchange, and debt securities and equities trading services; transactional banking and investor services; investment banking services, such as project finance, advisory, structured finance, structured trade finance, corporate lending, primary markets, and property finance services; and wealth management and advisory services to larger corporates, financial institutions, and international counterparties. The Personal and Business Banking segment provides residential accommodation loans to individual customers; installment sales and finance leases, including installment finance in the consumer vehicles market, and vehicles and equipment finance in the business market; and card facilities to individuals and businesses. This segment also offers transactional and lending products comprising deposit taking, electronic banking, cheque accounts, and other lending products associated with the various points of contact channels, such as ATMs, Internet, and branches. The company was formerly known as CfC Stanbic Holdings Limited and changed its name to Stanbic Holdings Plc in October 2016. The company is based in Nairobi, Kenya. Stanbic Holdings Plc is a subsidiary of Stanbic Africa Holdings Limited. CFC Stanbic Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Yetu Microfinance Bank Plc (YETU.tz) 2019 Abridged Report

first_imgYetu Microfinance Bank Plc (YETU.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2019 abridged results.For more information about Yetu Microfinance Bank Plc (YETU.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Yetu Microfinance Bank Plc (YETU.tz) company page on AfricanFinancials.Document: Yetu Microfinance Bank Plc (YETU.tz)  2019 abridged results.Company ProfileYetu Microfinance Bank Plc is a microfinance bank in Tanzania, providing financial products and services to unbanked and under-banked communities. The company offers solidarity group loans for clients in an organised group, as well as loans for individuals, students, mixed farming and smallholding farmers and small-and-medium enterprises. Yetu Microfinance Bank also offers financial services for international and domestic money transfers and payments, and mobile banking and ATM services. Its deposit products comprise compulsory (collateral) savings and voluntary deposits. Yetu Microfinance Bank has branches in Mzizima, Mbagala Ifakara, Zanzibar, Kilwa and Mngeta. Yetu Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

These 5 FTSE 100 stocks are down 30%+ in 2 weeks! Should I buy?

first_img G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended Carnival. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images These 5 FTSE 100 stocks are down 30%+ in 2 weeks! Should I buy? Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img G A Chester | Monday, 9th March, 2020 Last week was another bad one for most FTSE 100 stocks. The index rallied early in the week, but by Friday it was down again. As such, the Footsie has now lost 12.7% of its value in just two weeks. That’s quite a slump.However, there are five stocks in the index that have crashed over 30%! Could these badly beaten-up blue-chips now be bargain buys?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Big pictureWe know the coronavirus is having an economic impact on many businesses, because they’ve told us so. They’ve also told us they don’t yet know how severe the impact will be. Things could get worse before they get better. It’s even possible the spread of the virus could trigger a global recession.If you’re a long-term investor, with a regular investment plan, it makes sense to keep calm and carry on accumulating shares. Buying at discount prices will enhance your wealth in the long run.Having said that, you need to be confident the businesses you’re investing in not only have good prospects of growing their earnings over the long term, but also the financial strength to negotiate any shorter-term economic hardship. With this in mind, how do the Footsie’s five 30%+ fallers measure up?Top two fallersThe share prices of holidays firm TUI and cruise ship operator Carnival have crashed 37.4% and 34.2%. At 533p, TUI is trading at 5.7 times its average annual earnings of the last three years. At 1,981p, Carnival’s multiple is 6.2 times.Clearly, these shares offer considerable upside, if the companies’ earnings return to their recent levels in future, and the market re-rates them to anywhere near the Footsie’s average historical earnings multiple of 15.However, with TUI’s net debt at 3.5 times its EBITDA, seasonal swings in cash flow, and wafer-thin profit margins, I’m not entirely comfortable the business is well positioned in the event of a severe or protracted economic downturn in the near term. Carnival’s net debt/EBITDA is a more reasonable 2.0 times.Furthermore, the cruise ship operator’s interest cover is much stronger than TUI’s, and its valuation is also far better supported by its tangible net assets. As such, while I’m not sure about TUI, I rate Carnival a ‘buy’ for the long term.Steep descentThe share prices of budget airline easyJet and British Airways owner International Consolidated Airlines (IAG) have also crashed heavily over the last two weeks. They’re down 33.7% and 30.7%. At a share price of 1,000p, easyJet trades at 11.7 times its average annual earnings of the last three years. For IAG, at 432p, the multiple is 4.6.Despite easyJet’s richer earnings multiple, I’m attracted by its modest net debt/EBITDA ratio of 0.7, versus IAG’s 1.5. The budget airline also boasts stronger interest cover. On this basis, I’d be happy to buy easyJet’s shares for the long term, but I think IAG is a possibly riskier proposition in the airlines sector.Down in the depthsFinally, miner Evraz is the only FTSE 100 stock outside the travel & leisure industry to have suffered a two-week fall of over 30%. Miners have generally performed worse than the wider market, but Evraz’s 30.5% drop stands out. At a share price of 269p, it trades at just 4.4 times its average annual earnings of the last three years.However, personally, I prefer other stocks in the sector to this Russian oligarch-controlled company, with a net debt/EBITDA ratio of 1.9. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Enter Your Email Address See all posts by G A Chesterlast_img read more

The Accidental Fundraiser: A StepbyStep Guide to Raising Money for Your Cause: A Step-by-Step Guide to Raising Money for Your

first_img  15 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 9 February 2008 | News The Accidental Fundraiser: A StepbyStep Guide to Raising Money for Your Cause: A Step-by-Step Guide to Raising Money for Yourlast_img read more

The Field By The River: Uncovering the Nature of Country Life

first_img  69 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Field By The River: Uncovering the Nature of Country Life  68 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Howard Lake | 1 August 2008 | Books News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

No war on Iran! U.S. out of Iraq!

first_imgThe gangsters in the White House and the Pentagon are responsible for the targeted assassination of a top representative of a sovereign government. The target, Qassem Soleimani of Iran, was on a peace mission that the U.S. president was aware of and had encouraged.Trump has now followed up this political murder with a tweeted threat to destroy Iran’s heritage by striking 52 sites in Iran, some of them cultural. Under international law, such destruction is a war crime. Most people would also see it as an act of terrorism.POTUS applied his usual way of operating, this time to actions that might lead to a world war. He once infamously said he could murder someone on New York’s Fifth Avenue in daylight and get away with it. Has he deceived himself about getting away with this murder?After the Iraqi Parliament voted on Jan. 5 to expel U.S. troops — about 6,000 are still there, plus some thousands of mercenaries — Trump threatened Iraq with sanctions harsher than those applied from 1990 to 2003, during the administrations of George H.W. Bush, Bill Clinton and George W. Bush. Since those sanctions killed more than a million Iraqis, including a half-million children under five, it means he is threatening Iraq with genocide.Take note that nearly the entire Republican Party has given thumbs up to this murder. Secretary of State Mike Pompeo, Vice President Mike Pence, Senator Lindsey Graham — those for whom the word “warmonger” would be a gentle term — praise Trump and tell outrageous lies to defend murdering the Iranian leader. All Republicans and nearly all Democrats supported both the hostility toward Iran and the wars and sanctions against Iraq. So did nearly all the corporate media. These crimes are the responsibility of the U.S. ruling class as a whole.Regarding the murder of Soleimani, the Democratic Party leadership – Rep. Nancy Pelosi, Sen. Chuck Schumer – has limited its criticism to Trump’s failure to notify and consult with Congress and his administration’s incoherent strategy. The two parties differed on one major issue: Democratic President Barack Obama promoted the 2015 treaty limiting Iran’s nuclear development in return for ending the punitive economic sanctions. On May 8, 2018, the Trump administration broke this treaty and reimposed economic sanctions. U.S. role as oppressorA quick look at the reality of the last 66 years of U.S.-Iran-Iraq relations shows which one is the oppressor state and the war criminal, contrary to U.S. imperialism’s version.A U.S.-coordinated coup in Iran in 1953, led by the CIA, deposed an Iranian elected government and replaced it with 26 years of dictatorial rule by Shah Reza Pahlevi. (See CNN documentary on the CIA’s role in the coup at tiny.cc/6x1diz/.)In 1979, a massive popular revolution expelled the shah and replaced him with what has become the current Iranian Islamic Republic. From 1980 to 1988, Washington encouraged the Iraqi regime under Saddam Hussein and Iran to fight each other, arming and killing millions of people on both sides. In 1990, the U.S. targeted Iraq, bombing its cities and its army. It followed that with 12 years of genocidal sanctions against Iraq. Then, on March 19, 2003, U.S. imperialism invaded Iraq under the pretext — later proven to be absolutely false — that it had “weapons of mass destruction.” To defeat Iraqi resistance to U.S. occupation, Washington then provoked and exacerbated sectarian and regional differences among the Iraqi population. The occupation and sectarian war killed and displaced millions, tearing apart Iraqi society. U.S. imperialism remains in Iraq only to plunder its resources. Washington threatens Iran in order to plunder the whole region.So far the Iranian government and its allies have said they will hit back on their own timing and will aim at U.S. military targets, not civilians. If Trump carries out another escalation, it would threaten a conflagration in Southwest Asia, raise the danger of a world war and put people in the United States at risk.From the people of the U.S. — especially from the working class and all oppressed sectors of U.S. society — there can be only one reaction: “Get the U.S. out of Iraq! No war against Iran!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more