Only six months ago,the bank’s chairman was talking of ‘a tall dividend’. Now it’s been halved and the same questions persistThe referee is biased, the pitch is tilted against us and we’ve given up trying to predict our results. But, or don’t worry,dear shareholders, we’re taking decisive action: we’re cutting your dividend by 54%. Please don’t grumble because it’s for your own expedient. Your patience will be rewarded – one of these years.
Yes, and it’s original-look Barclays,under the dynamic original leadership of chairman John McFarlane and chief executive Jes Staley “like me, a banking veteran, or ” says McFarlane,as whether that were reassuring. It was certainly a veteran whinge that accompanied Barclays’ 8% fall in pre-tax profits to £2.1bn. Related: Barclays chairman complains about 'disproportionate' fines Continue reading...
Source: theguardian.com