RE: Share buy back18 Feb 2021 12:41
As I mentioned in flippant comment earlier, it's only to remove the damn bonuses they keep dishing out to mates !! Banks are not Value Holdings, even with poxy Divi's that never compensates the long term hold and general devious shenanigans with Fines, Penalties Illegal dealings, ridiculous Bonuses and Porn Star life styles !!! I'm sick of it and you can probably tell, I'm a disgruntled LTH..
A snip it from BBC tells you everything.
" In its annual report published alongside the results on Thursday, Barclays revealed its staff bonus pool was 6% higher than the £1.5bn shared out in 2019.
Mr Staley took home £4.01m last year, although that was down on the £5.9m paid out in 2019. "