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Economics / Markets

Economics / Markets

Diamond facing battle with Barclays to keep £25m pay-off

Former chief executive Bob Diamond is facing a battle to keep his £25m pay-off from Barclays after it emerged the bank's board is looking into its legal position on his entitlements.

clock 06 July 2012 •

Economics / Markets

Revealed: Winners of Fund Manager of the Year Awards 2012

Aberdeen and Cazenove walked away with the best group trophies at Investment Week's Fund Manager of the Year Awards last night. Here are all the winners...

clock 06 July 2012 •

Economics / Markets

BoE unleashes £50bn of QE in bid to get UK out of recession

The Bank of England (BoE) has extended its quantitative easing programme by £50bn, in a bid to get the UK economy out of recession.

clock 05 July 2012 •

Economics / Markets

Investors snap up Barclays shares

Barclays shares are in demand, despite the fall-out from the LIBOR scandal and Bob Diamond's resignation, with investors buying five shares for every one sold.

clock 05 July 2012 •

Economics / Markets

Further £50bn QE injection expected

The Bank of England is likely to pump another £50bn into the UK economy today, in the latest round of quantitative easing.

clock 05 July 2012 •

Economics / Markets

BoE's Tucker asks to address MPs on LIBOR scandal

The Bank of England's deputy governor Paul Tucker has asked to be allowed to address the Treasury Select Committee following the revelation he contacted Bob Diamond to discuss Barclays' LIBOR submissions.

clock 04 July 2012 •

Pensions

Call to subject banks to same scrutiny as pension trustees

Banks should be subject to the same level of scrutiny as the trustees of pension funds, a consultancy says.

clock 04 July 2012 •

Economics / Markets

The IMF judgement on the US recovery: 'Tepid'

The International Monetary Fund has trimmed its US GDP forecasts and warned the nation's economic recovery remains fragile.

clock 04 July 2012 •

Regulation

Diamond to face MPs as memo reveals BoE advice on LIBOR

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England (BoE) officials advised the bank on LIBOR.

clock 04 July 2012 •

Economics / Markets

Manchester United set for $100m US IPO

Manchester United is set to float onto the New York Stock Exchange, seeking to raise $100m in an IPO.

clock 04 July 2012 •
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