Bob Diamond

Bob Diamond News

  • U.K. Treasury’s Javid Moves to Culture After Miller Quits

    U.K. Prime Minister David Cameron promoted a Treasury minister, Sajid Javid, to the cabinet after Culture Secretary Maria Miller resigned over an expenses probe. It leaves Cameron with just three female cabinet members.

  • Bob Diamond Hires Barclays’s Vitalo as CEO of Atlas Mara

    Robert Diamond named former Barclays Plc colleague John Vitalo as chief executive officer of his African financial-services company, Atlas Mara Co-Nvest Ltd.

  • Barclays Settles U.K. Libor Case Weeks Before Start of Trial

    Barclays Plc settled the first U.K. lawsuit filed over allegations the bank manipulated Libor, weeks before the trial was scheduled to start.

  • Bob Diamond’s Atlas Mara to Buy Stake in Rwandan Lender

    Robert Diamond, former head of Barclays Plc, has agreed to buy a stake in state-owned Development Bank of Rwanda through his new financial-services venture Atlas Mara Co-Nvest Ltd.

  • Bob Diamond’s Atlas Mara Buys Bank in First Africa Purchase

    Robert Diamond’s Atlas Mara Co-Nvest Ltd. agreed to buy ABC Holdings Ltd. and ADC African Development Corp. for as much as $265 million in the first acquisition by the investment firm of the former Barclays Plc head.

  • Barclays Investor Showdown Looms as Targets Elude Jenkins

    Antony Jenkins replaced Robert Diamond as Barclays Plc chief executive officer 19 months ago, pledging to control costs at the investment bank and boost returns. So far, both goals are eluding him.

  • Jain Haunted by Rainmaker Past at Deutsche Bank

    Anshu Jain won the job of Deutsche Bank AG co-chief executive officer after leading its investment bank to record profit. Two years later that rainmaker role is coming back to haunt him.

  • Del Missier Called Libor Rates ‘Fantasy’ in Diamond E-Mail

    Ex-Barclays Plc Chief Executive Officer Bob Diamond received an e-mail in 2007 describing Libor rates as a “fantasy,” according to documents in the first U.K. lawsuit over manipulation of the benchmark.

  • Diamond Parries Attacks on Pay With Vow to Earn Public Trust

    As 1,100 managing directors from Barclays Capital descended on the Grosvenor House hotel near London’s Hyde Park in late September, they had more to celebrate than having successfully swallowed the North American unit of Lehman Brothers Holdings Inc. two years earlier. Their guy, Bob Diamond , the Massachusetts-born founder of Barclays Capital, had just been handed the top job at parent Barclays Plc in a sign of how he had transformed the 320-year-old British institution in his 14 years as investment bank chief, Bloomberg Markets magazine reports in its January issue.

  • Bob Diamond Seeks Financial-Services Purchases Across Africa

    Bob Diamond, former chief executive officer of Barclays Plc, said his investment firm is seeking to acquire African financial-services companies that can help businesses manage currency and commodity risks on the continent.

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