pay-outs

Both airlines said that they had not been told how much they would receive or when a decision on the pay-outs would be made.

The Federal Reserve wants to subject US banks to annual stress tests, reserving the right to veto dividend pay-outs if they do not pass.

The levy , to be paid by banks , will come on top of the marginal tax applied to individuals' bonus pay-outs .

The potential pay-outs are significant at a time when bank compensation is under review globally.

Morgan Stanley did not disclose the precise form 2010's deferred pay-outs would take.

But the prospect of near-record pay-outs as the US emerges from its worst recession in decades has prompted a public backlash.

Banks stress, too, that the Greek CDS market is small, so the repercussions of not receiving pay-outs are unlikely to resonate widely.

Several other senior executives, including Lewis Booth, chief financial officer, also received big share pay-outs.

The university in December stopped pay-outs from its endowment, leaving departments to find their own money for costs.

And empirical research suggests that there is a link between high dividend pay-outs and good corporate governance.

If more recruiters show up, offer more jobs and more pay, it is equivalent to someone changing the number of pay-outs on a roulette wheel.

HSBC cut its dividend alongside its rights issue, while in the US, PNC Financial and International Paper also cut pay-outs.

Lower contribution rates, and possibly lower pay-outs, could enable China to bring more people into the program and lower the deficits.

And bank pay-outs have until now made up nearly a quarter of the European total.

Legitimate businesses are struggling as informal demands for pay-outs multiply.

And while senior administration officials and lawmakers are calling it an outrage, There may be little they can do to stop the pay outs.

The banks have responded by reinstating big pay-outs for top executives and traders.

This is important because billions of euros in pay-outs from eurozone banks would, therefore, not be activated.

Mr. Zuo said it was very difficult to talk about lowering pay-outs under the present contribution rate.

Insurance pay outs, tax rebates, or just plain luck.

Morgan Stanley has sought to pre-empt new rules capping cash pay-outs on Wall Street, deferring 60 per cent of employees' 2010 bonuses.

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