By Paul Hodgson – Chief Research Analyst An edited version of this op-ed appeared on Bloomberg View on October 3, 2012 and this version appeared today on my blog on Forbes.com It was announced in the FT today that the Financial Services Authority expects banks to reduce or clawback bonuses in British banks and non-U.K. [...]
Tag Archives | Barclays
It is time for real bank clawbacks
November 15, 2012 in CEO Pay, Daily Viewpoint, Financial Crisis, Scandals
Barclays’ CEO Bob Diamond Resigns
July 3, 2012 in Daily Viewpoint, News and Opinions, Scandals
By Paul Hodgson – CCO and Senior Research Associate Barclays’ CEO Bob Diamond has followed the lead of independent chairman Marcus Agius and announced his resignation today, though according to press reports he has done so under protest and with less altruism than Mr. Agius. Interestingly, Mr. Agius is leading the search for a replacement [...]
Barclays’ Chairman Marcus Agius Resigns
July 2, 2012 in Daily Viewpoint, News and Opinions, Scandals
By Paul Hodgson – CCO and Senior Research Associate Barclays’ chairman Marcus Agius announced his resignation today, indicating that he had stepped down because he was the “ultimate guardian of Barclays’ reputation”. Barclays was the recipient of a massive $450 million fine last week because of its involvement in manipulating LIBOR, the interest rate at which [...]
Small Print
June 30, 2012 in Daily Viewpoint, News and Opinions, Small Print
Mr. Dirty-Clean Events Analyst Marge Schwietering, frankly, must have had a lot of fun putting these together from a couple of days ago. We thought these would be easy winners of the Quotation of the Week Competition, well, they are, actually, but Rex Tillerson raced in with a very close second, of a very different [...]