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Barclays’s $12-billion sale of BGI unit to BlackRock looks imminent
Baracklay-blackrock.JPGAccording to unnamed sources, the banking group Barclays is negotiating with the US money manager BlackRock about a prospective sales deal of its Barclays Global Investors (BGI)...
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President of Barclays Capital gets a pay package worth $90 million
Bob-Diamond.jpgOfficials have said that the president of British-based Barclays Capital has been awarded a pay package worth as much as $90 million.The Daily Telegraph reported on Saturday that Bob...
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Barclays finds its new chief executive as Bob Diamond
Bob-Diamond.jpgAs per the reports the current chief executive of Barclays, John Varley is to be replaced by Bob Diamond at the time of the annual meeting of the company which is set to be held in next...
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Bob Diamond’s case for the resistance
Bob-Diamond-Barclays.jpgBob Diamond, in his initial interview since being designated as the new Barclays chief executive, discusses regarding the casino banks, enormous pay packages and his upcoming...
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Diamond to Replace Varley as the CEO of Barclays on the 1st Day of Next Year
Bob-Diamond-Barclays.jpgIt is official, and with the announcement made by Barclays PLC all doubts surrounding a new successor as the CEO of the bank has been clarified. According to the latest...
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Diamond to Face MPs for High Wage to be Withdrawn this Year
Bob-Diamond-Barclays.jpgThe new head of Barclays, Bob Diamond will face a flurry of questions by British politicians regarding the big payout that he is going to withdraw this year. Apparently, the...
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Investment banks suffer for their footloose culture
Bob-Diamond.jpgBob Diamond of Barclays joined the ranks of UK bank chiefs in the last week, and murmured softly that if curbs on bonuses got too fierce, bankers would flee the country. Thus he...
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Barclays Bank Fears Missing Profit Targets
Bob-Diamond.jpgBritish bank Barclays is afraid that it might miss its profit target as the previous quarter’s results were not as good as they were expected to be. Since the past three year, the bank...
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