Tag Archives: Barclays
All change at the top: the great investment banking reshuffle (again)
As Rich Ricci leaves Barclays to spend more time with his racehorses, investment banks are clearing out an entire stable of top management A year ago I wrote that there had rarely, if ever, been so many departures, at such … Continue reading »
A fresh start at Barclays?
The remuneration package for the new chief executive of Barclays is significantly lower than that of his flashier predecessor Bob Diamond. Is that a sign of more changes ahead? One of the great mysteries when Bob Diamond took over as … Continue reading »
How pay works at investment banks…
When it comes to pay and bonuses, it seems that everyone’s a winner at investment banks – except shareholders. In the rumbling debate over pay and bonuses at investment banks, the focus on the absolute numbers involved has shrouded what … Continue reading »
Barclays: oops, I did it again…
Fresh from the Libor scandal and mis-selling swaps to small businesses, Barclays is under investigation by the FSA over hundreds of millions of pounds in fees paid out during the financial crisis to help the bank raise money. It doesn’t … Continue reading »
Bob the Builder: Diamond’s legacy at Barclays
The abrupt end to Bob Diamond’s glittering career should not disguise his remarkable achievement in transforming Barclays into a premier league investment bank – but at what cost? Whatever you think about Bob Diamond and the Libor scandal – and … Continue reading »
I know nothing. I’m from Barclays…
The explanation at Barclays as to who knew what and when still doesn’t stack up – and none of the possible scenarios are very palatable (updated 16 July 2012) Nearly three weeks after US and UK regulators detonated a $450m … Continue reading »
A 10 point redemption plan for Bob Diamond
Diamond can down with Barclays, or he can go down as the banker who led the transformation of a troubled but important industry that has lost its way. Here’s how: 1. Talk to us, Bob In various statements, you have … Continue reading »