Home Tags Barclays
Audiences see Netflix original films as "meaningfully worse" in quality than the releases of most major films studios, according to new research from Barclays. Netflix ranked sixth overall in median IMDB audience score, behind the top five studios at the global box office.
Banks with big retail operations dominate the list, meaning investment banking giants including Goldman Sachs and Morgan Stanley, and UBS miss out on the $1 trillion mark, ranking 35th, 34th, and 38th respectively.
A former trader accused of manipulating a multi-trillion-dollar market compares his alleged rigging to a ’rounding matter’
In a recent courtroom testimony, ex-Barclays trader Colin Bermingham compared his alleged market rigging to a "rounding matter." Bermingham is accused, along with a handful of other individuals, of rigging the euro interbank offered rate — or Euribor — between 2005 and 2009.
The possible deal is one plan being considered to ward off the activist investor Edward Bramson, who has built a 5.4% stake in Barclays. Neither side has issued statements to shareholders, suggesting no serious talks have taken place.
The bank believes that the Serious Fraud Office, which brought the charges, will attempt "to re-instate these charges by applying to a High Court Judge to re-commence proceedings via a new indictment of the same charges."
A former trader accused of rigging the market says being a vice president at Barclays is like working at McDonald’s
In a recent courtroom testimony, ex-Barclays trader Carlo Palombo likened being a vice president at Barclays to working at McDonald's. Palombo is accused, along with three other individuals, of rigging the euro interbank offered rate — or Euribor — between 2005 and 2009.
Last year, Staley was paid a total compensation package of around £3.8 million ($5.2 million), so Friday's fine represents around 17% of his overall pay.
Barclays' board was sent an anonymous letter raising concerns about Staley's decision to hire a senior executive. Staley then tried to identify the author.
This chart shows every major technological innovation in the last 150 years — and how they have changed the way we work
Since 1760, productivity — measured in output per hours — has increased almost 30 fold.
Barclays says the crypto craze spread much like an epidemiologist would expect a virus to propagate.