Barclays
Top unit
Top unit
Barclays: The bet that paid off
Since Jes Staley took charge of Barclays at the end of 2015, he has faced constant questions over his ability to reposition the firm as a credible force in investment banking. Sticking to his guns in the face of activist shareholder pressure, he now looks vindicated, but growing from here presents a new challenge.
-
The Libor scandal is unlikely to dent the group's earnings and could add impetus to chief executive Bob Diamond's belated cost-cutting drive.
-
Bob Diamond is banking that the Libor manipulation scandal will trigger industry-wide litigation to even out the pain.
-
The first tax-exempt domestic infrastructure bond has been issued in Brazil. Concessionária Rodovias do Tietê, a toll road operator, has issued R$650 million in 12-year debt.
-
Some are calling him ‘bloated Bob’. Others prefer the prefix ‘bountiful’. I would suggest the adjectives ‘baffling’ and ‘burnished’.
-
Nomura offers some very qualified praise for Barclays in its predictions for first quarter 2012 results.
-
Barclays Wealth has reinvented itself in just five years. With the benefit of heavy investment, it has developed a unique model of interacting with clients – using behavioural finance. It is targeting only high-net-worth clients and expanding globally.