Barclays Vows Fresh Course, Axes 3,700 jobsFebruary 12, 2013Barclays' new CEO pledged a fresh course for the British lender on Tuesday, axing at least 3,700 jobs and pruning its investment bank.
Lessons from Ancient History as Barclays Boss Plots RevivalFebruary 08, 2013When Barclays' new boss Antony Jenkins wanted to tell his senior bankers what was in store for them, he gathered all 125 around him in a room styled like an ancient Greek agora to guarantee eye contact and conversation.
E*Trade Names Former Barclays Exec Idzik as CEOJanuary 18, 2013E*Trade Financial Corp, the online brokerage firm that has been struggling to
overcome years of lending losses, appointed Paul Idzik as its
new chief executive on Thursday.
Private Banks Work Wonders to Lure the Super-RichSeptember 17, 2012What do you get the client who has everything? An evening at a sleep school to get tips on how to beat insomnia? Advice on finding the right school?
Barclays Signals Shift From Riskier Investment BankingAugust 30, 2012Barclays named retail
banker Antony Jenkins as chief executive on Thursday, signalling
a shift from riskier investment banking as it tries to recover
from the interest rate-rigging scandal that brought down his
predecessor.
RBS, Commerzbank Drawn into U.S. Iran Money ProbeAugust 22, 2012U.S. authorities are
investigating Royal Bank of Scotland and Commerzbank
over possible breaches of sanctions on Iran, in a
widening crackdown which has already cost Standard Chartered
a hefty fine.
Tech Innovation -- With an Eye Toward QualityAugust 21, 2012Even with the frequent tech failures, scathing headlines and mounting regulatory fines, technology innovation is thriving on the Street -- with an emphasis on testing and quality.
Wall Street Banks Could Take Massive Hit From LIBOR ScandalJuly 09, 2012The unfolding scandal is likely to hit Wall Street's biggest banks. UK regulators are reacting, and the debacle could have long-lasting consequences on the U.S. financial system, experts suggest.
Top Quotes of The Week From the StreetApril 13, 2012It's been another busy week on the Street. BlackRock noted that it has no plans to cannibalize Wall Street, Barclays' CEO was paid $18 million too much, CIOs are sure they know best, and Goldman Sachs bankers only had to work 7 hours to pay a multi-million
Steve Jobs' Impact On Wall Street FirmsOctober 06, 2011A few years ago, it would have been impossible to think that a 9.7-inch touch-screen tablet would be widely adopted by financial organizations on the look out for usually multi-million dollar cutting edge technology that could help their organizations impr
Wysota Joins DTCC as New CTOJuly 11, 2011Adam Wysota, a former managing director at Barclays Capital, will oversee the strategic direction of DTCC's IT infrastructure.
Speed-to-Market Is Biggest Benefit Of Cloud ComputingMay 18, 2011Executives at the Wall Street & Technology Capital Markets Cloud Symposium noted that while cost savings and the ability to scale up and down are attractive cloud propositions, they were swayed to move to the cloud primarily by the ability to push products
Barclays Capital Launches Research For iPadApril 07, 2011Barclays Capital Research for iPad offers clients the ability to browse, search, filter, save and create alerts for their favorite publications.
Wall Street Job Cut Threat LoomsAugust 25, 2010WSJ’s Liz Rappaport discusses new fears that Wall Street may reverse its recent hiring spree and begin to cut jobs, signaling that the recovery may not be as strong as thought.
NYSE to Shine Flashlight on Dark PoolsOctober 20, 2009Goldman Sachs, Getco, Barclays Capital, Knight, and UBS have all agreed to "print" dark pool trades to NYSE Euronext's Trade Reporting Facility.
BlackRock's Analytics Pay Off in More Ways Than OneOctober 18, 2009BlackRock's analytics and pricing models are so well respected that the firm made a business of them. Now the federal government is one of its top customers.