In the former category: almost everyone. No specific numbers yet, but Barclays is expected to announce next week that only about 38% of revenue generated will go towards payouts (one of the lowest levels in the firm’s history). In the latter category: Bob Diamond. The Barclays Capital chief’s take home will be clocking in at about £20m, though it’s going to be deferred for three years so, you know, it’s not that great. Certainly nothing to be envious about, unless you’re this li’l fella, who’s making less than everyone this year. But lest any of the Barclettes think Bobby’s not worth every penny, let us remind you, he works hard for the money.
[Bob] has a habit of taking off his suit jacket and slinging it over his shoulder before sitting on the edge of one of the trading desks — a habit that his traders describe as his move, as in, “he has this thing he does with his jacket, when he wants to talk to us, it’s his move…”
He stops short?!!! That’s MY move!
Jeez, I can barely walk this morning.
-Cara Golderburg
Jeez, I smell as fishy as filthy flounder.
-Warren Buffet
I would love a tuna melt for lunch.
Don’t really want to know what DB posters consider their moves …
Bess,
Whered you get the $20 mill figure from? Im pretty sure BCS hasnt announced executive comp yet
hey.
@6 click the article
7- what’s up?
@genius @6, £ not $.
And please show yourself out.
I am not Canadian, but I am a genius.
@9 what am I? chopped liver?
My signature move is pouncing behind your chair, before trying to choke you with the empty shells of my Opilio crabs.
-Stéfan Schwarzman
Hey all stars.
Try reading the article. The 20 mill is from stock sold when they sold BGI to Blackrock. Thats not a bonus
Quick to the point to the point no fakin’
@14 = racist. Check your motifs.
Bob Diamond is a scummy little
s h i t h e e l
and everybody knows it.
@14 it’s included in his take home. all star.
@17 = Former Lehman Quant
The trading floor knows when I make my move because I announce in a manner loud enough for all the traders to hear, “Hey..I got one ‘peeking daylight’ so all y’all listen up real quick here…”
~Houston BSD
@14 – fail. We’re talking about money received in connection with his employment, which money is not his salary. By definition, a bonus. Just because he is getting it through a share scheme doesn’t mean it is not a bonus. All star.
CEO and he never learned how to properly adjust/tie his necktie?
@18 Then the headline is misleading. “Some Barclays employees will have their bonuses cut this year and some won’t”
…Bob Diamond: In the latter category.
Selling stock youve owned for 10 years in a business you built is not a bonus
barclays PR person@23 give up.
@21 He wasnt gratned the shares this year, he was granted them in the 90s. his net worth before and after the share sale didnt change
Executives who wear cufflinks should be wearing blue shirts with white collars and cuffs. And spats. And have a tophat and cane.
@22 = analyst at First New York Securities, hoping for that Wharton acceptance.
@26 How does one wear a cane?
Lucas Von Prigg comments: “Barclays? Bonus? Pedestrian.”
@25 His “investment” was totally illiquid for a number of business and legal reasons. He sold the business so he could unfreeze the cash for himself. The IRS will recognize it this year and it will be taxed accordingly, as a bonus.
phil mickelson’s bitch ftw
Have Barclays employees gotten their #’s and if so, when are they paid out?
I hate you.
@31 – wow, I can’t believe how much the CEO of Geoffrey’s makes for running the loyalty card division of a toy retailer. Nice work if you can get it, eh? Thanks for the link.
@28 = Gundlach
These bonuses are “obscene,” and the recipients are “savvy,” and have earned them.
- BHO
“obscene bonuses” sounds like the title of a porn flick.
surprise numbers came out yesterday for many if not everyone. numbers are way down from 07, slightly higher than 08.
He makes more year than all of the other UConn MBA’s combined.
Barcap ibd numbers are mostly in. Figuring out ranges still but overall numbers seem about 10-20% below the higher guys like JP, MS, etc. probably in-line with CS and def better than DB. Probably best on the street WRT deferment. Less than 20%. Decent vesting scheme though not as good as Citi. Everyone basically okay with what they got.
@27 not even worthy of retort, you can leave with @6.
@Analyst, thats how he got the job, sir. Nothing says “i’ll crank for you” like messy attire.
@41 = summer analyst at First New York, hoping for coveted analyst spot. Sir.
are you sure the dvd menu did not say bonus o.b. scene?
@40 – DB defintely better than CS, replace DB with CS in your sentence and you have it correct
@28- A cane can be worn by inserting it in the anus, preferably if the cane has a “knob” that’s the end you would place up said rectum. I’ll be giving free tutorials Tuesday at 383 Madison, 5th floor E bathroom. Stop by.
-mrp
so what to make of this:
http://www.ft.com/cms/s/0/fee6cecc-1817-11df-91d2-00144feab49a.html
Bess,
Where did you find that pic? the traders are all wearing ties, this must have been early days at BarCap, they ditched jacket and tie in 99.
@47 equities division (legacy Lehman) is biz formal. Barclays’ numbers were out Thurs/Fri. Surprised no thread
@40 – how are those ranges coming? Do you need some jr staffing or can you handle it yourself?
@40 – how are those ranges coming? Do you need some jr staffing or can you handle it yourself?
@40 – how are those ranges coming? Do you need some jr staffing or can you handle it yourself?
the fixed income dept got screwed mostly