Barclays

Ex-Tyco Executive Who Looted Company Now Says He's Owed $60 Million

The Huffington Post | Harry Bradford | Posted 05.09.2012

Read More: CEO Pay, Firstmerit, Tyco, Barclays, Fraud, Aviva, Vikram Pandit, Video, Mark Swartz, Andrew Moss, Credit Suisse, Pay Packages, CEO Compensation, Edward Breen, Dennis Kozlowski, Citigroup, Wellpoint, Business News

Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...

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Shareholder Pay Revolt Drives Major CEO To Resign

AP | Posted 05.08.2012

Read More: Aviva, Panmure Gordon & Co, Remuneration Report, Shareholders, Chief Executive Bob Diamond, Video, Trinity Mirror, Sly Bailey, Astrazeneca, Ceo, CEO Compensation, Bonuses, Barclays, Business News

LONDON -- The chief executive of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay, the company said Tu...

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Bank Shareholder On CEO Pay: 'You Should Be Ashamed'

Reuters | Posted 04.28.2012

Read More: Video, Credit Suisse, Association of British Insurers, Wells Fargo, Reuters, Shareholder, Banks, ITV News, Banking Sector, Barclays, Business News

* 31.6 pct vote against Credit Suisse pay plan * 26.9 pct vote against Barclays executive pay * Investors angry at payou...

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Hawaii Sues Banks For Alleged Credit Card Scam

The Huffington Post | Bonnie Kavoussi | Posted 04.13.2012

Read More: JPMorgan Chase, Video, Credit One, Hawaii Sues Chase, Chase, Bank of America, Hawaii, Hawaii Sues Bank of America, Bofa, Barclays, Hawaii Sues, Business News

Fed up with credit card fees? So is the state of Hawaii. The state of Hawaii filed a lawsuit against seven major banks and credit card companies on...

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Facebook To Big Banks: Have Some Prestige Instead Of Money

Reuters | Posted 05.19.2012

Read More: Allen, Investment Bankers, Bank of America, Underwriters, Facebook, Barclays, Yahoo, Goldman Sachs, Video, Zynga, Morgan Stanley, Wall Street, Reuters, Ipo, Mark Zuckerberg, J.P. Morgan, Initial Public Offering, Silicon Valley, Technology News

By Alistair Barr and Alexei Oreskovic SAN FRANCISCO, March 19 (Reuters) - Facebook will pay a fee of just 1.1 percent ...

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Big Finance Firms Look To Scoop Up MF Global Claims

Reuters | Posted 05.12.2012

Read More: Video, Bankruptcy, Chief Executive Jon Corzine, Hedge Funds, Reuters, MF Global, Seaport Group, New York Times, The Royal Bank of Scotland, Credit-Rating Downgrades, Barclays, Business News

March 13 (Reuters) - Some big financial firms have offered to buy the claims of thousands of MF Global customers, whose money went missing after th...

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Another Big Bank Slashes Its Bonus Pool

AP | Posted 02.10.2012

Read More: Barclays Bank, Video, Bank-News, Big-Bank-Pay, Business News, Bank Bonuses, Big Banks, Barclays, Barclays Bonuses, Business News

LONDON -- Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented ov...

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Big Banks Find Ways Around New Metal Warehouse Rules

Reuters | Posted 04.07.2012

Read More: Goldman Sachs, Economic Downturn, JP Morgan, Video, Warehouses, London Metal Exchange, Office of Fair Trading, Lme, Copper, Reuters, Glencore, Aluminum, Barclays, Business News

* Goldman, Glencore plan to hike warehouse rents by 10 percent * Rent rises coincide with LME rules for higher minimum load-out rates...

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Bankers Look To 'Recommit' To 'Safety And Soundness' At Davos

Reuters | Posted 03.27.2012

Read More: Davos, Bailouts, Bankers, Greenpeace, Barclays, European Central Bank, NYSE Euronext, Hsbc, Unicredit, JP Morgan, Video, Job Cuts, Reuters, Royal Bank of Scotland, Citigroup, World Economic Forum, Business News

By Alexander Smith DAVOS, Jan 26 (Reuters) - Bankers feel under siege, and from the heights of Davos in the Swiss Alps they are lookin...

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Regulators Need To Clarify Stance On High-Frequency Trading, NYSE Exec Says

Posted 11.12.2011

Read More: High-Frequency Trading, U.S. Securities and Exchange Commission, Video, Nyse, Hedge Funds, European Union, Electronic Trading, Barclays, Flash Crash, New York Stock Exchange, Financial Regulation, Business News

(Jonathan Spicer) - It's time for market regulators to clear the air on high-frequency trading, a top Big Board executive said. NYSE Euronext's...

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Another Big Bank Rolls Out Thousands Of Job Cuts

Posted 10.02.2011

Read More: Layoffs, Hsbc, Goldman Sachs, Ubs, Unemployment, Credit Suisse, Profits, Lehman Brothers, Jobs, Greek Debt Crisis, Barcap, Barclays, Business News

(Steve Slater) - Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charg...

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William Alden

As Layoffs Hit Wall Street, Lowest-Paid Workers Lose Jobs

HuffingtonPost.com | William Alden | Posted 09.21.2011

Read More: Goldman Sachs, Ubs, Wall Street Layoffs, Unemployment, Morgan Stanley, Wall Street, Job Cuts, Credit Suisse, Economic Crisis, Business News, Financial Crisis, Barclays, Business News

NEW YORK -- Layoffs have returned to Wall Street as investment banks bemoaning economic malaise and disappointing revenues are moving to pare their pa...

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European Interest Rate Hike Expected In July

Posted 08.06.2011

Read More: Frankfurt, France, Germany, Jean-Claude Trichet, Euro Zone, Chancellor of the Exchequer, Europe, European Central Bank, Barclays, Euro Zone Crisis, Royal Bank of Scotland, Business News

FRANKFURT (Sakari Suoninen) - The European Central Bank is likely to signal a July interest rate rise on Thursday while continuing to provide bank...

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Big Banks Sued For Helping To Bankrupt Home Loan Company

Posted 07.03.2011

Read More: JPMorgan Chase, Thornburg Mortgage, Bank of America, Banks Lawsuit, Big Banks Sued, Joel Sher, Barclays Sued, Goldman Sachs Sued, Barclays, Citigroup, Business News

WILMINGTON, Delaware (Tom Hals) - The trustee for bankrupt Thornburg Mortgage Inc has sued Goldman Sachs, Barclays and other big banks for a combi...

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Simon Johnson: Why The FDIC Couldn't Have Saved Lehman

Economix | Simon Johnson | Posted 06.28.2011

Read More: Dodd-Frank Financial Regulation Legislation, Federal Deposit Insurance Corporation, Henry M. Paulson Jr., Lehman Brothers, International Monetary Fund, F.D.I.C., Timothy F. Geithner, Bear Stearns, Sheila Bair, Barclays, Business News

Under the Dodd-Frank financial regulation legislation (in Title II of that act), the Federal Deposit Insurance Corporation is granted expanded powers ...

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Cleantech Startups Turn To Big Companies For Capital

Reuters | Nichola Groom | Posted 06.07.2011

Read More: Ipos, Google, Small Business, Solar, Venture Capital, Cleantech, Barclays, Initial Public Offering, Solar Energy, Germany, Startups, Clean Technology, Entrepreneurship, Asia, Small Business America, China, Cleantech Startups, Business News

Fledgling solar power companies looking to grow beyond their venture capital roots are increasingly catching the eye of deep-pocketed corporate investors.

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Our Ability: Web Portal for People With Disabilities

John Robinson | Posted 05.28.2011

Read More: Usbln, Small Business, Social Entrepreneurship, Get Off Your Knees, Cargill, Disability, Our Ability, Entrepreneurship, Barclays, Corporate Diversity, Business, Labor Force, People With Disabilities, John Robinson, Amputee, Impact News
John Robinson

People with disabilities have very few mentors or ways to connect with other people with disabilities. I want to help solve this problem.

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Barclays CEO Receives $10.6 Million Bonus

The Huffington Post | Maxwell Strachan | Posted 05.25.2011

Read More: Bloomberg, Hsbc, Goldman Sachs, Ubs, Ceo Robert Diamond, Financial Sector, Jpmorgan, Aig, Sec, Oswald Gruebel, Wall Street Bonuses, Lloyds Banking, Barclays, Royal Bank of Scotland, Business News

Last month, Barclays CEO Robert Diamond announced that while his banking company would continue to "exercise restraint" against large bonuses, the tim...

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Lehman Brothers Tricked Clients With 'Goat Poo' Assets, Lawsuit Says

Posted 05.25.2011

Read More: JPMorgan Chase, Racers, Lehman Bankruptcy, Lehman Brothers, Mortgage Securities, Lehman Brothers Lawsuits, Toxic Assets, Barclays, Books News

NEW YORK (By Caroline Humer) - Lehman Brothers and Barclays deceived JPMorgan Chase & Co with bad assets that the failed investment bank's own employ...

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Simon Johnson: The Ruinous Fiscal Impact Of Big Banks

New York Times | SIMON JOHNSON | Posted 05.25.2011

Read More: Banking, Financial Crisis, JPMorgan Chase, Banks, Big Banks, Financial Crisis Inquiry Commission, Barclays, Business News

The newly standard line from big global banks has two components -- as seen clearly in the statements of Jamie Dimon of JPMorgan Chase and Robert E. D...

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Barclays CEO: Time For Banks To Apologize Is Over

AP | ROBERT BARR | Posted 05.25.2011

Read More: Financial Crisis, Barclays CEO, Bob Diamond, Executive Compensation, Wall Street Pay, Wall Street Bonuses, Bank Pay, Barclays, Business News

LONDON — The time for apologies from banks is over, the chief executive of Barclays said Tuesday as he defended the large bonuses earned by some in ...

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Banks Value Social Responsibility More After Crisis

nytimes.com | REUTERS | Posted 05.25.2011

Read More: Clinton Global Initiative, Bob Diamond, Financial Reform, Banks Social Responsibility, Banking Industry, Barclays, Financial Regulation, Banking Culture, Robert Diamond, Business News

NEW YORK (Reuters) - The global financial crisis led to tighter regulation of the banking industry's excesses, but a top British banker says it had a ...

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Top U.S. Banks Face A $100 Billion Shortfall After New Rules

Posted 05.25.2011

Read More: Bank Regulation, The Financial Fix, Bank Capital, Basel III, Financial TImes, Capital Requirements, Financial Regulation, Barclays, Business News

LONDON: The new Basel III banking rules will leave the biggest U.S. banks short of between $100 billion and $150 billion in equity capital, with 90 pe...

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The French Connection: That Jailed Banker Raises US Issues

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Aig, Goldman Sachs, Sec, Kerviel, Bank Bailout, Barclay's, Bank Prosecutions, Business News
Richard (RJ) Eskow

The real question about Jerome Kerviel's sentence is for our country, not France: Where are the US indictments and convictions? The US bankers who engaged in criminal behavior are walking around free, writing big checks to political candidates.

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Obama's Public-Private Investment Program Earns HUGE Profits

nytimes.com | Eric Dash | Posted 05.25.2011

Read More: Public-Private Investment Program, Federal Bailouts, Treasury Department, Mortgages, Subprime Mortgages, Alliancebernstein, Troubled-Mortgages, Aig, Henry Paulson, Bear Stearns, Timothy Geithner, Blackrock, Barclays, Business News

American taxpayers are already poised to make unexpected billions from rescuing the nation's banks. Now, they could reap another sizable profit from a...

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