Waiting for Bob Diamond’s Bonus – Part 2

It looks like this could be the week when Barclays reveals the compensation package for CEO Bob Diamond, according to reports in the press.  The reports speculate on the likely amount he’ll be paid, while revisiting all the negative themes about bank pay, performance and risk.

Unfortunately for Barclay’s, there is little it can do but wait until the figures are released.   Until then, its open season for reporters, comment writers, bank analysts, governance watchdogs and other pundits.

Barclays could have avoided this ugly scene by announcing Diamond’s bonus two weeks ago when it released its earnings, as I suggested in an earlier post, here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s