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By Marlene Y. Satter, AdvisorOne |
August 30, 2012
Antony Jenkins, head of Barclays' consumer business, is taking over the spot vacated by Bob Diamond in the heat of the LIBOR scandal.
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By Marlene Y. Satter, AdvisorOne |
August 3, 2012
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
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By Marlene Y. Satter, AdvisorOne |
July 27, 2012
The LIBOR scandal churned on; criminal probes were launched by the U.K.’s Serious Fraud Office (SFO) while in the U.S., the Justice Department prepared to file charges.
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By Marlene Y. Satter, AdvisorOne |
July 25, 2012
As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.
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By Marlene Y. Satter, AdvisorOne |
July 19, 2012
Regulators are questioning how interest rates are set across the globe—not just LIBOR and EURIBOR, but also various in-country rates.
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By Marlene Y. Satter, AdvisorOne |
July 17, 2012
The British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
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By Marlene Y. Satter, AdvisorOne |
July 2, 2012
Barclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.
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By Marlene Y. Satter, AdvisorOne |
June 29, 2012
The inquiry into a LIBOR-rigging scheme looks set to claim another quarry as RBS will reportedly be fined about 150 million pounds.
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By Marlene Y. Satter, AdvisorOne |
June 28, 2012
Investors, apparently, not only lack faith in officials to take decisive action on the debt crisis but also do not seem to believe that a bold solution proposed by some can work—because it does not go far enough.
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By Marlene Y. Satter, AdvisorOne |
April 10, 2012
Bob Diamond, the chief executive of Barclays, should not receive a bonus, and perhaps instead should be considered for a pay clawback, according to a shareholder advisory group.