Search results
Results from the WOW.Com Content Network
Following the interest rate rigging scandal, Marcus Agius, chairman of Barclays, resigned from his position. [98] One day later, Bob Diamond, the chief executive officer of Barclays, also resigned from his position. [99] [100] Bob Diamond was subsequently questioned by the Parliament of the United Kingdom regarding the manipulation of Libor rates.
When it received the request, the bank replied that it would abide. But due to "operator error", the customer proceeded to empty all of the money from the account. Customs and Excise sued Barclays for the amount that was lost along with the interest. Barclays argued it had no duty of care, nor had it assumed responsibility.
Barclays has a policy that directors should own shares worth four times their salaries, which Staley achieved, as his salary amounted to £1.2m. However, his total remuneration package, including his salary, a fixed pay allowance to avoid an EU cap on bonuses, annual bonuses of up to £2.1m and a long-term incentive plan of £3.2m, was worth £ ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
LONDON -- The attempts of British banking giant Barclays' to repair its battered reputation took another body blow this week. The bank announced that it was making a bumper bonus payment of 38.5 ...
In a note from Barclays housing research team, ... Baby boomers may be to blame for today's housing imbalance, Barclays says. Dani Romero. September 11, 2023 at 2:50 PM.
Barclays Capital Inc. v. Theflyonthewall.com, Inc., 650 F.3d 876 (2d Cir. 2011), was a case decided in the United States Court of Appeals for the Second Circuit where the Second Circuit, reversing the decision [1] of the US District Court below it, found that the claims of three major financial investment firms (Barclays Investment Bank, Morgan ...
In July 2014 Barclays filed a motion for the suit to be dismissed, saying there had been no fraud, no victims and no harm to anyone. The New York Attorney General's office said it was confident the motion would not succeed. [28] In January 2016, Barclays agreed to pay a fine of $35 million to SEC and $70 million to NYAG for its dark pool ...