(1) It is likely to call for banks to retain more capital and for some form of clawback if firms perform less well than expected.
(2) "If the same individual maximises the pension tax relief – they can put in up to £245,000 of their salary and get relief – then the cost of the tax relief clawback will be around £51,000.
(3) "If you listen to what Lloyds said in 2011 when they took the initial £3.2bn charge – that was used for a pretext for making a clawback on 12 executives.
(4) When they are paid next year the G20 deal brokered by Barack Obama and Brown means that a proportion of bonuses will be deferred and payments will be subject to clawback provisions.
(5) Any Treasury clawback will only serve to take resources still further from the frontline.
(6) Given that clawback has only been possible since 2010, attention focused on former chief executive Michael Geoghegan and Sandy Flockhart, the former boss of Mexican operations, who left this month due to ill health, as likely candidates for clawback.
(7) This includes monitoring sales to ensure that colleagues have met customer needs appropriately and communicated important information clearly … We also have clawback mechanisms in place for any colleagues who make inappropriate sales."
(8) And as the provisions continue to rise, Gordon believes the bank could look at further clawbacks against its executives.
(9) Such clawbacks may be a feature of the bonus season because of the waves of scandal to hit the industry ranging from payment protection insurance mis-selling in the UK to fines for Libor fixing and money laundering.
(10) Lagarde added that the IMF’s research suggests bonuses should be tied to longer-term, rather than short-term gains; and that banks should use “clawback”, to force staff who have hit their firm’s performance to pay back part of their bonuses.
(11) Hampton won't give numerical details, but explains that RBS is regularly recovering payments from previous years: We've done quite a lot of clawback in the last couple of years, on a variety of issues.
(12) (Carriers had a "clawback" clause in case customers abandoned the contract.)
(13) Osborne says the Britain has been leading the way on bankers remuneration in recent years, on transparency and clawbacks.
(14) "The Walker report has left in a reference to 'clawback' but it is not clear whether it means asking for the money back once it has been paid or forfeiture of the deferred, but as yet unpaid bonuses," said Alistair Woodland, a partner at Clifford Chance.
(15) If the regulator is allowed to cap retail electricity bills, a "clawback" mechanism, already used by some states in the US, would have to be incorporated based on future movements in wholesale energy markets.
(16) As of next April, the new lower threshold for clawback of working tax credit on income over £3,850 will mean that I will lose 48% of a proportion of my state pension and also of any small profits I might make in my business.
(17) Apparently this clawback arrangement will incentivise me to work.
(18) Ideally, these should be subject to clawback over the long-term.
(19) The bank is keen to avoid a fresh revolt at this annual meeting after its report outlining directors' pay and the clawback provisions is published next month.
(20) Bonuses must be spread over a longer period; they must be subject to clawback; more of the spoils must be paid in shares; and more information must be published about who gets what.
Sycophant
Definition:
(n.) An informer; a talebearer.
(n.) A base parasite; a mean or servile flatterer; especially, a flatterer of princes and great men.
(v. t.) To inform against; hence, to calumniate.
(v. t.) To play the sycophant toward; to flatter obsequiously.
(v. i.) To play the sycophant.
Example Sentences:
(1) This leads to the paradoxical result that some of our most famous and successful journalists are also the profession's most credulous sycophants.
(2) Choe also accused the European Union and Japan, the resolution’s co-sponsors, of “subservience and sycophancy” to the United States, and he promised “unpredictable and serious consequences” if the resolution went forward.
(3) She protests to the satisfaction only of sycophants and fools that this is “just another title” – as in just another title to add to the 69 that have gone before, 21 of those majors, with the added value of being her fourth of the year, the fabled grand slam.
(4) Former Trump campaign manager and CNN’s resident Trump sycophant Corey Lewandowski said the paper “should be held accountable”, adding: “I hope he sues them into oblivion for doing this.” Yet they couldn’t be happier with the hacked emails from Clinton’s campaign manager that were leaked to WikiLeaks and published late last week.
(5) The education secretary, Michael Gove, was forced to disown his most senior aide after his former special adviser described David Cameron as bumbling, the No 10 chief of staff, Ed Llewellyn, as a sycophant presiding over a shambolic court, and the direct of communications, Craig Oliver, as clueless.
(6) While the congress's 2,268 party delegates are technically responsible for workshopping their leaders' reports, many have opted to err on the side of sycophancy rather than genuine criticism.
(7) She gets nothing but sycophancy from her privy counsellors, so why not ask those paid to watch the entrails of the sacred geese, the economists?
(8) Maybe there is a secret to be examined, then, in Chinatown, where he works out to a backdrop of sycophancy and awe.
(9) Her instincts are suboptimal.” A stout defender of Clinton in public, in private Tanden injects some bracing honesty that suggests the candidate is not surrounded by sycophants.
(10) "His actions, surrounding himself with an old boys' club of like-minded sycophants, are dictatorial, in sharp contrast to those of David Cameron, who has shown he can listen, adapt and do what is right for the country, not just for personal gain."
(11) Gove was forced to disown his former senior aide for describing Cameron as bumbling, the No 10 chief of staff, Ed Llewellyn, as a sycophant presiding over a shambolic court, and the direct of communications, Craig Oliver, as clueless.
(12) "The first time was in her house in Soweto and it was very disturbing: too many sycophants, too many who believe she's God."
(13) It is clear that voters in sufficient number realised that the real aim was to establish an Orwellian structure – a “ Mukhabarat state” consolidated around the AKP and run by an inner circle of sycophants.
(14) It's commonly thought that people in authority are surrounded by sycophants who never tell them how bad things are.
(15) The slightest scent of sycophancy always set Simon's nostrils twitching.
(16) It would take a generation to replace the sycophants who let Tony Blair and Gordon Brown rip their party’s values to shreds.
(17) Maybe I’m reading too much into it, but they seemed not to want to be familiar, in case it looked like sycophancy, but not to want to be unfamiliar, in case it looked like disapproval, and then, caught in the headlights of friendliness, unable to remember how friendly they had been last time.
(18) What was interesting was the way it made others act: we realised currying favour with the boss was the way to ensure we made enough to make the job worth our while, but also that overt sycophancy would have the opposite effect.
(19) You’re not supposed to be sycophants,” he told them.
(20) I guess if you are accustomed to being surrounded by the sycophancy of power that can be unsettling.