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Co-operative Bank fate.. discuss
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Bachuma Gate
#11 Posted : Wednesday, December 10, 2014 8:05:50 PM
Rank: Member

Joined: 3/26/2012
Posts: 280
COOP offloads 160 staff

Mckinsey output. stock exchange can influence decisions at times. price at 17.60
DOH
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  | | Edit by moderator: Wednesday, December 10, 2014 8:19 PM | Reason: topics merged
streetwise
#12 Posted : Thursday, December 11, 2014 10:02:02 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I think this bank can go further but radicall change is necessary ..they may try start by changing the name
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Angelica _ann
#13 Posted : Thursday, December 11, 2014 10:11:40 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Bachuma Gate wrote:
COOP offloads 160 staff

Mckinsey output. stock exchange can influence decisions at times. price at 17.60

Karink????
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Boris Boyka
#14 Posted : Thursday, December 11, 2014 10:39:15 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Angelica _ann wrote:
Bachuma Gate wrote:
COOP offloads 160 staff

Mckinsey output. stock exchange can influence decisions at times. price at 17.60

Karink????

@Ann huyu @Machuma is a coop insider maybe yee ndio amewafuta smile
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Mainat
#15 Posted : Thursday, December 11, 2014 10:44:40 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Name change is radical? Are you a consultant per chance?
Refreshing the leadership is always the key step if you want to do something radical...

However, Muriuki is I believe co-ops largest individual shareholder. He'll only go home if he has committed fraud.

streetwise wrote:
I think this bank can go further but radicall change is necessary ..they may try start by changing the name

Sehemu ndio nyumba
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Cde Monomotapa
#16 Posted : Thursday, December 11, 2014 11:42:13 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I can see a lot of scoreboard watching here. We should spend more time on what makes the scoreboard.

Era of super profits for banks is almost over. Hapa watu watashangazwa sana. With the inflation outlook and KBRR as effective as the fuel pricing formula, better be holding banks for other reasons than mega profits.

Even the banks with regional Ops have like 70% of earnings from KE.

i also wonder why people are risking with MSC.
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  | | Edit by user: Thursday, December 11, 2014 12:49 PM | Reason: Not specified
Realtreaty
#17 Posted : Thursday, December 11, 2014 4:14:48 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
160 MANAGERS......what were they doing?
How much gonna be saved?
Will the laydown be an expense this year as it reads this December....ati tumelipa managers who were cut-off....!
Now back to drawing board....were these managers who learnt they must go the ones pulling the price down to damage the image of the Bank?
There are alot of spaces in Banking Industry for them after gaining good experience at CO-OP.
The McKinsey broom is strong.
K-Rep, Family, Eco-bnk need these Managers if they can deliver.
The Agency Banking has rubbed Bank workers hard!!!....Co-opa kwa jamii will not need a Manager, only structures
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The optimist
#18 Posted : Thursday, December 11, 2014 4:27:06 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Angelica _ann wrote:
Bachuma Gate wrote:
COOP offloads 160 staff

Mckinsey output. stock exchange can influence decisions at times. price at 17.60

Karink????

Here is the rink
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TAZ
#19 Posted : Thursday, December 11, 2014 4:35:06 PM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
Boris Boyka wrote:
Angelica _ann wrote:
Bachuma Gate wrote:
COOP offloads 160 staff

Mckinsey output. stock exchange can influence decisions at times. price at 17.60

Karink????

@Ann huyu @Machuma is a coop insider maybe yee ndio amewafuta smile


http://www.standardmedia...nk-lays-off-160-managers
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Impunity
#20 Posted : Thursday, December 11, 2014 6:05:39 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Realtreaty wrote:
160 MANAGERS......what were they doing?
How much gonna be saved?
Will the laydown be an expense this year as it reads this December....ati tumelipa managers who were cut-off....!
Now back to drawing board....were these managers who learnt they must go the ones pulling the price down to damage the image of the Bank?
There are alot of spaces in Banking Industry for them after gaining good experience at CO-OP.
The McKinsey broom is strong.
K-Rep, Family, Eco-bnk need these Managers if they can deliver.
The Agency Banking has rubbed Bank workers hard!!!....Co-opa kwa jamii will not need a Manager, only structures


What are 160 managers managing?
d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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