Barclays CEO Bob Diamond resigned Tuesday, but sent a note to staff on Monday urging them to fight the good fight. It all sounds a bit hollow now though, given that he won't be there to lead the troops.
Andrew Feldstein, who bet against JPMorgan Chase before helping the bank unwind more than $20bn of trades, has emerged as one of the biggest winners among hedge-fund managers profiting from a flawed strategy.
Here's what the smart folk are saying about Barclays CEO Bob Diamond's resignation.
Nomura was dropped as a lead underwriter for state-owned Development Bank of Japan Inc.’s bond sale this month because of its involvement in leaking insider information.
The phrase 'graduate without a future' came into my head while I was lecturing students in the politics society at Birmingham University.
BlackRock has announced that it has entered into a definitive agreement whereby it will acquire Swiss Re Private Equity Partners AG ('SRPEP'), the European private equity and infrastructure fund of funds franchise of Swiss Re. BlackRock and Swiss Re have also entered into a strategic alternative investment relationship agreement, centered on BlackRock Alternative Investors ('BAI'), which reinforces Swiss Re’s current investments in SRPEP products and establishes other future Swiss Re commitments to the BAI platform.
Barclays CEO Bob Diamond has resigned.
Barclays' settlement of about $451m with U.S. and U.K. regulators last week offered the first glimpse of what banks may have to pay to resolve a global probe of interest-rate manipulation. The question now is who’s next.
David Cameron has announced that a joint committee of MPs and peers will investigate the banking industry by the end of the year, in the wake of growing political anger at recent scandals.
One firm has already broken ranks. Will others follow ?
Elon Musk almost sold his Tesla electric car company to Google after it hit rock bottom with bug-filled cars, stalled sales and falling shares in 2013, a new book has revealed.
Dave Lewis’s efforts to win back Tesco shoppers were dealt a blow on Tuesday when thousands of the retailer’s broadband users were left without a connection for a large part of the day.
This is the curious story of how a robot armed with a weekly budget of $100 in bitcoin managed to buy an illegal sustance - before getting arrested.