Barclays Diamond Faces Pressure After Libor Scandal
Pressure mounted on Barclays PLC (BCS) Chief Executive Bob Diamond on Thursday as Chancellor of the Exchequer George Osborne ..... AGM. It appears that there is considerable media pressure for Bob Diamond to step down," said Gary Greenwood at Shore Capital
FSA OKs Settlement With UK Banks on Interest-Rate Hedges
said Martin Wheatley, managing director of the Conduct Business Unit of the FSA. "I am particularly pleased that the CEOs: Bob Diamond, Brian Robertson, Antonio Horta Osorio and Chris Sullivan have provided a personal assurance that they will have responsibility
Stockton is largest US city to file for bankruptcy
Stockton has filed for Chapter 9 protection, making it the largest American city ever to declare bankruptcy. City Manager Bob Deis said officials sought the status Thursday in federal bankruptcy court in Sacramento, as expected. The filing comes after
BOE King Calls For End to System Where "My Word Is My Libor"
change of culture" and "a high standard of leadership," although he declined to comment on calls for Barclays Chief Executive Bob Diamond to resign. Mr. King condemned the "deceitful manipulation" of Libor and some banks' "shoddy treatment" of customers