Comments on: Bank CEO Compensation Around The World http://www.tradersnarrative.com/bank-ceo-compensation-around-the-world-3045.html Freshly squeezed market commentary & analysis Fri, 19 Mar 2010 08:43:27 +0000 http://wordpress.org/?v=2.0.2 by: Babak http://www.tradersnarrative.com/bank-ceo-compensation-around-the-world-3045.html#comment-55366 Sat, 26 Sep 2009 03:13:05 +0000 http://www.tradersnarrative.com/bank-ceo-compensation-around-the-world-3045.html#comment-55366 Slithy, if the bank is highly profitable, that is reflected in the marketcap don't you think? also, which profit? the one before all the charges? the operating one? the forward estimate? etc. you get my drift. It is a slippery thing to measure, especially across the board and across diverse acct standards. Thanks for the sentiment, I'm glad you are enjoying the blog. Keep the occasional criticism coming, while pats on the back are nice, slings and arrows keep me on my toes ;) Slithy, if the bank is highly profitable, that is reflected in the marketcap don’t you think? also, which profit? the one before all the charges? the operating one? the forward estimate? etc. you get my drift. It is a slippery thing to measure, especially across the board and across diverse acct standards.

Thanks for the sentiment, I’m glad you are enjoying the blog. Keep the occasional criticism coming, while pats on the back are nice, slings and arrows keep me on my toes ;)

]]> by: Slithy Tove http://www.tradersnarrative.com/bank-ceo-compensation-around-the-world-3045.html#comment-55359 Sat, 26 Sep 2009 02:03:52 +0000 http://www.tradersnarrative.com/bank-ceo-compensation-around-the-world-3045.html#comment-55359 First, leave out China. China is a dictatorship. They can pay whatever they want, and hang the bankers if they don't perform well. Second, market capitation isn't relevant. What is relevant is how much profit the bank makes. If the bank is highly profitable, it justifies high salaries for those who create bank policy and execute it. They are earning their way, they are eating their own cooking. But if the bank isn't very profitable, it has no business paying superb salaries to less than superb managers. BTW, despite my occasional negative comment, I really enjoy and appreciate Trader's Narrative. You put a lot of effort into it, you don't cover the same ground as everyone else, and now and then you turn up a gem. Thanks! First, leave out China. China is a dictatorship. They can pay whatever they want, and hang the bankers if they don’t perform well.

Second, market capitation isn’t relevant. What is relevant is how much profit the bank makes. If the bank is highly profitable, it justifies high salaries for those who create bank policy and execute it. They are earning their way, they are eating their own cooking. But if the bank isn’t very profitable, it has no business paying superb salaries to less than superb managers.

BTW, despite my occasional negative comment, I really enjoy and appreciate Trader’s Narrative. You put a lot of effort into it, you don’t cover the same ground as everyone else, and now and then you turn up a gem. Thanks!

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