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Barclays

Too Big To Get Wrong

Robert E. Diamond, Jr. | Posted 12.14.2009 | Business

Read More: Investment Banks, Bob Diamond, Barclays Capital, Too Big to Fail, Too Big to Get Wrong, Financial Regulation, Barclays, Investment Banking, Robert E. Diamond, Business News
Robert E. Diamond, Jr.

There's no bank and there's no banker that hasn't made mistakes in recent years, including me. We recognize our responsibility.

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Does Gordon Brown Attempt to Kill the City?

Georges Ugeux | Posted 12.10.2009 | World

Read More: London, Alistair Darling, UK Parliment, Wall Street, Lehman Brothers, German Chancellor Angela Merkel, Tony Blair, President Sarkozy, Prime Minister Gordon Brown, Labor Government, Barclays, World News
Georges Ugeux

While fighting a regulatory battle President Sarkozy and Chancellor Merkel, Prime Minister Gordon Brown is slowly but surely killing the City.

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CFTC Gets Derivatives Advice From Industry Insiders

HuffPost Investigative Fund | Keith Epstein And Ben Protess | Posted 11.18.2009 | Politics

Read More: Cantwell, Goldman Sachs, Lobbyists, Cftc, Commodities Futures Trading Commission, JP Morgan, Obama, Citigroup Global Markets, Federal Advisory Committee Act, White House, Euronext Liffe, Maria Cantwell, Financial Crisis, Government Accountability Office, Jill Sommers, Cme, Lobbying, Derivatives, Richard Berliand, Financial Reform, Joanne Medero, Arthur Hahn, Goldman, Barclays, Jill E. Sommers, Barack Obama, Gao, Derivatives Trading, Robert Klein, Bonnie Litt, Citigroup, Politics News

Like many federal agencies contemplating reform these days, the Commodities Futures Trading Commission is hearing a lot from the industry it regulates...

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John Varley Defends Bonuses: Profits Are "Not Satanic" Barclays CEO Tells London Church Crowd

Posted 11.04.2009 | Business

Read More: Lloyd Blankfein, Income Gap, Executive Pay, City Bonuses, Income Inequality, John Varley, London, Barclays, New York City, Goldman Sachs, Religion, Brian Griffiths, Christianity, Ceo, City Pay, Wall Street Bonuses, Wall Street Pay, Robert Shiller, Business News

The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...

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Barclays Bonuses: Less Cash, More Stock Could Be Model For Other Banks

Dealbreaker.com | Bess Levin | Posted 11.03.2009 | Business

Read More: Barclays-Capital, Wall Street, Wall Street Bonuses, United Kingdom, Barclays, Business News

British-based Barclays Capital may be a bellwether for Wall Street's bonus season. The bank is ratcheting up stock payments to its execs and axing the...

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Oil's Massive Price Distortion Militates the Reconvening of the 1970s Federal Oil Price Task Force

Raymond J. Learsy | Posted 11.08.2009 | Business

Read More: Barclays, Goldman Sachs, Argus Index, JP Morgan, Morgan Stanley, Obama Presidency, James Schlesinger, Department of Energy, Oil, Steven Chu Energy Secretary, Opec, Energy, Commodity Futures Trading Commision, Bank Holding Companies, NewYork Times, Media, Wti, Cnbc, Nymerc, Business News
Raymond J. Learsy

It is long past time that our government take seriously and study intensely how oil prices are determined in a world of OPEC, speculation, timid oversight and failing transparency.

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How JPMorgan Tried To Steal $7 Billion Worth Of Lehman Bros. From Barclays

Esquire | Tom Junod | Posted 11.11.2009 | Business

Read More: JPMorgan Chase, Wall Street, Bob Diamond, Lehman Brothers, Barclays Capital, Chase, Barclays, Business News

On September 23, 2008, Gerard LaRocca, a senior executive at Barclays Capital, the investment bank, got an emergency phone call from one of his employ...

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Heath Slocum Wins Barclays, Was Seeded 124 Out Of 125

AP | DOUG FERGUSON | Posted 09.30.2009 | New York

Read More: Ernie Els, Golf Scores, The Barclays, Pga Playoffs, Tiger Woods, New York, Barclays, Padraig Harrington, Golf, Steve Stricker, Liberty National, Barclays Winner, Heath Slocum, New Jersey, New York News

JERSEY CITY, N.J. — Heath Slocum might have been the one player no one expected to win The Barclays. He was locked in a tense battle over the fi...

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The Barclays: Sergio Garcia, Paul Goydos, Steve Marino Share First-Round Lead

AP | DOUG FERGUSON | Posted 09.28.2009 | New York

Read More: Barclays Leaders, Sergio Garcia, Golf, The Barclays, Paul Goydos, Liberty National, Barclays Scores, Jersey City, Barclays Winner, Pga Playoffs, New Jersey, Steve Marino, Barclays, New York News

JERSEY CITY, N.J. — Webb Simpson looked at the scores and the weather, neither of which indicated an easy time Friday at Liberty National. He qu...

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Top 5 Sports Stories

Len Berman | Posted 09.27.2009 | New York

Read More: New York Mets, Rick Pitino, Fenway Park, Golf, New York Jets, David Ortiz, Oliver Perez, Tim Tebow, Floyd Little, Barclays, A-Rod, Mark Sanchez, New York News
Len Berman

Happy Thursday everyone, here's my Top 5 for August 27, 2009 from www.LenBermanSports.com

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How To Create Retirement Income

Charlie Farrell | Posted 08.31.2009 | Business

Read More: Dividends, Retirement Income, Cash Flow, Investing, Bonds, Stock Dividends, Income, Barclays, Treasury Bonds, Business News
Charlie Farrell

While there are a number of different strategies to creating retirement income, I prefer to use a simple method of creating cash flow to fund distributions.

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Ex-Lehman Traders Get Huge Bonuses From Barclays

The Observer | Richard Wachman, City Editor | Posted 08.20.2009 | Business

Read More: Lehman Brothers, Bonuses, Wall Street Bonuses, Barclays, Dick Fuld, Business News

Barclays is to pay tens of millions of pounds to its investment bankers, who have made huge profits from trading in government debt, derivatives and f...

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Hank Paulson Rewrites History Before Congress

David Fiderer | Posted 08.18.2009 | Business

Read More: Merrill Lynch, John Thain, Hank Paulson, Lehman Brothers, Ken Lewis, Tim Geithner, Merrill Lynch Bank of America, Bank of America, Federal Reserve, Financial Crisis, Henry Paulson, Timothy Geithner, Barclays, Business News
David Fiderer

The fallout of Paulson's two disastrous decisions (to let Lehman fail and reverse his position on foreclosure relief) prompted the former Treasury Secretary to abuse his powers, with some not-so-veiled threats.

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The Mystery of the Missing Unemployed Man: On Jobs and Banks

Barbara Garson | Posted 08.13.2009 | Business

Read More: Bailout, Lehman Brothers, Speculation, Subprime Mortgage Crisis, Aig, Bear Stearns, Credit Default Swaps, Mortgage-Backed Securities, Barclays, Business News
Barbara Garson

People are speculating on derivatives and derivatives of derivatives because there's no action in the real world.

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MTA Sells Naming Rights To Brooklyn Subway Stations

nytimes.com | MICHAEL M. GRYNBAUM | Posted 07.25.2009 | New York

Read More: Barclays Bank, Mta Naming Rights, Flatbush Avenue, Atlantic Avenue, Brooklyn, Subway, Pacific Street, Metropolitan Transportation Authority, Mta Barclays, Subway Station, Mta, New York, Barclays, New York News

Over the last five years, the MTA has been trying eagerly to sell the rights to the names of subway stations. On Monday, they finally succeeded. After...

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GM Losers: 30 Shareholders That Could Get Hurt By Bankruptcy

usnews.com | Rick Newman | Posted 06.19.2009 | Business

Read More: Vanguard, GM Bankruptcy, State Street, General Motors Shareholders, Detroit Bailout, General Motors Bailout, Detroit Auto Industry, Barclays, Business News

If General Motors declares bankruptcy, some of its investors--including bondholders, other secured lenders, and the U.S. government--are likely to get...

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BlackRock Faces Off Against BNY Mellon For Biggest Money Manager

Bloomberg | Christopher Condon and Sree Vidya Bhaktavatsalam | Posted 06.18.2009 | Business

Read More: Barclays BlackRock, BNY Mellon, BlackRock BNY Mellon, BlackRock Bank of NY Mellon, Blackrock, Biggest Money Managers, Money Managers, Barclays, Barclays Bank, Blackrock Bnymellon Barclays, Bank of New York Mellon, BlackRock Barclays, Business News

May 18 (Bloomberg) -- BlackRock Inc. and Bank of New York Mellon Corp. are competing to become the world's biggest money manager as stock markets show...

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Hank Paulson, The Unnamed "Decider" In The Merrill Lynch Saga

David Fiderer | Posted 05.16.2009 | Business

Read More: Merrill Lynch, Andrew Cuomo, John Thain, Lehman Brothers, Ken Lewis, Merrill Lynch Bonuses, Bank of America, Henry Paulson, Fortune, Sec, Financial TImes, Barclays, Mortgages, Financial Crisis, Credit Default Swaps, New York-New York, Business News
David Fiderer

Why would Merrill's senior management, with BofA's acknowledgment, base their internal year-end projections on the assumption that securities prices would recover so sharply?

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Stiffed: Why Are Bailed-Out Banks Helping Pfizer Buy Wyeth?

Paul Loeb | Posted 02.27.2009 | Business

Read More: JP Morgan Chase, Wall Street Bailout, Bailout Bandits, Bailout, Economic Crisis, Wyeth, Pfizer, Bank of America, Citibank, Viagra, Barclays, Mergers, Business News
Paul Loeb

Pfizer, Viagra's daddy, is using money from taxpayer-bailed-out banks to help buy major pharmaceutical competitor Wyeth. That won't help taxpayers or consumers. Nor is it designed to.

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The Silver Linings: the Madoff Tax Credit

Edward Jay Epstein | Posted 02.22.2009 | Business

Read More: Bernard Madoff Scandal, Money, Bank of America, Aig, Ponzi Scheme, Madoff Scandal, Bernie Madoff, Barclays, Investors, Madoff Investors, General Motors, Madoff, Citibank, Ambac Financial, Bernard Madoff, Madoff Ponzi Scheme, Business News
Edward Jay Epstein

To the extent that Madoff's investors paid taxes on false capital gains, they are owed tax refunds -- with interest; investors may deduct billions worth of their loss against other income.

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Barclays To Slash 2,100 Jobs

AP | JANE WARDELL | Posted 02.13.2009 | Business

Read More: Barclays, Banks, Barclays Layoffs, Business News

LONDON — Barclays PLC will cut 2,100 jobs in its investment banking, fund management and private banking units in response to the global economi...

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Lehman CEO Fuld To Be Terminated Without Golden Parachute

New York Times | Posted 12.06.2008 | Business

Read More: Barclays, Lehman Bankruptcy, Finance, Lehman Brothers, Economy, Richard Fuld, Banks, Financial Crisis, Dick Fuld, Golden Parachutes, Business News

The chief executive of the failed Lehman Brothers, Richard S. Fuld Jr., will be "terminated" by the investment firm without any bonus, a lawyer for Le...

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Barclays To Cut 3,000 Jobs After Lehman Deal

Fortune | Barney Gimbel and Peter Gumbel | Posted 11.10.2008 | Business

Read More: Layoffs, Barclays, Barclays Lehman Brothers, Lehman Brothers, Economy, Job Cuts, World Economy, Business News

LONDON (Fortune) -- Barclays PLC will cut about 3,000 jobs in the aftermath of its purchase of bankrupt Lehman Brothers' North American investment ban...

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Lehman Brothers Signs Switched Over To Barclays Logos (PHOTOS)

Huffington Post | Dave Burdick | Posted 10.24.2008 | Business

Read More: Barclays, Lehman Barclays, Lehman Brothers, Lehman Brothers Signs, Lehman Brothers Bankruptcy, Business News

After Barclays PLC bought Lehman Brothers' New York headquarters -- among other North American assets -- it switched the well-known Lehman Brothers di...

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Barclays to acquire Lehman assets

AP | JOE BEL BRUNO and STEPHEN BERNARD | Posted 10.17.2008 | Business

Read More: Lehman Brothers, Lehman Brothers Bankruptcy, Barclay's, Lehman Buyer, Selling Lehman, Lehman Barclay's Deal, Business News

NEW YORK — Two days after walking away from a deal to purchase all of Lehman Brothers, Barclays PLC said Tuesday it had agreed to acquire Lehman...

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