Browse: Home / Bob Diamond
By Stephen Foster on July 4, 2012
The short answer is no. Newly defenestrated Barclays CEO Bob Diamond (left) toed the politic line today in front of a House of Commons committee, saying that his bank’s fibs about the Libor rate (the rate at which banks lend to each other) was all about ‘rogue’ traders (them again) and nothing to do with [...]
Posted in Finance, News, Politics | Tagged 2008 banking crisis, Alastair Darling, bank of england, barclays, Bob Diamond, libor rate, Marcus Agius
By Stuart Smith on July 4, 2012
This week, the US Justice Department fined a well-known multinational $3bn (£2bn) for serial corporate malpractice. And –in the manner of a suspended criminal sentence – imposed on company managers up to its chief executive stringent measures for slashing their pay and bonuses should further illegal activity come to light. Another bank getting the Barclays [...]
Posted in Clients, Finance, News, Politics, Research | Tagged $3bn fine, barclays, Bob Diamond, corruption, drugs market, glaxosmithklein, gsk, Jean-Pierre Garnier, medical market, sir andrew Whitty, us legislators
By Stuart Smith on July 4, 2012
The Premier League just doesn’t get it, does it? The world is crashing around Barclays’ ears, its chief executive Bob Diamond has just been forced to step down by the Governor of the Bank of England, its chairman Marcus Agius will be exiting in the coming months, and Bob’s top team of investment bankers will [...]
Posted in Clients, Finance, Media, News, PR | Tagged barclays, Bob Diamond, Premier League, scandal, sponsorship deal, Wayne Rooney
By Stuart Smith on June 28, 2012
A lot of people are accusing Barclays Bank and its chief executive Bob Diamond of racketeering. Acting like white collar gangsters, in other words. They say the bank and its principal directors colluded in serial distortion of the interbank rate, Libor. What this means in plain English is that they beggared us – the saps [...]
Posted in Agencies, Clients, Creative, Finance, News | Tagged barclays, Bob Diamond, leagas delaney ad, libor rate, Martin Taylor, scandal, £290m fine
By Stephen Foster on May 11, 2012
A while ago we wrote that WPP boss Sir Martin Sorrell’s pay rise from £1m to £1.3m (which will trigger even larger bonuses) would be a ‘walkover,’ – shareholders wouldn’t necessarily be happy but the company was performing well so they’d just have to lump it. But that was before the bosses of UK FTSE [...]
Posted in Agencies, Finance, News | Tagged Andrew Moss, Aviva, barclays, Bob Diamond, dublin agm, Francois Hollande, Jeffrey Rosen, Mark Read, Maurice Levy, pay deal, publicis groupe, Sir Martin Sorrell, Sly Bailey, succession planning, trinity mirror, WPP, £13m package
By Stephen Foster on August 31, 2011
Ever since the crash of 2008 the world’s bankers, many of whom have pitched their tents in the UK, have had more verbal ordure heaped on them than any group of people since, well, the last religious martyrs in Western Europe. But are they bothered? No, it would seem, as the UK banks’ concerted and [...]
Posted in Clients, News, Politics, PR | Tagged Angela Knight, arsenal, Arsene Wenger, barclays, Bob Diamond, british banking association, David Cameron, George Osborne, honk kong, hsbc, independent commission on banking, lloyds banking group, lobhbying, manchester united, Nick Clegg, pr blitz, RBS, Sir Alex Ferguson, Vince Cable, wall street
By Stephen Foster on March 8, 2011
Now the chief marketing officers of the big banks don’t earn the kind of money that Barclays, for example, dispenses among its top managers and performers. Which, with share sales granted under incentive schemes, means that Barclays CEO Bob Diamond will pick up £27m maximum this year and two traders at Barclays Capital, Jerry del [...]
Posted in Agencies, Clients, Creative, Finance | Tagged bankers, barclays, Bob Diamond, financial services authority, Jerry del Missier, lloyds, metro bank, Rich Ricci, rkcr/y&r, Sir Richard Branson, virgin money
Recent Comments