Author Image: Matt Scuffham

Matt Scuffham

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Barclays pay chief is latest board member to depart

LONDON (Reuters) - The Barclays non-executive director responsible for former chief executive Bob Diamond's 17 million pound ($26 million) final pay package resigned on Wednesday, becoming the fourth boardroom figure...
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British bank Lloyds gets Libor subpoenas

LONDON (Reuters) - Britain's Lloyds Banking Group has received subpoenas from government agencies investigating a global interest rate rigging scandal that has rocked the banking industry and has not set...
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EU bank watchdog warns of major challenges ahead

LONDON (Reuters) - The European Banking Authority said there remained significant challenges ahead for Europe's banks after they successfully met new requirements to bolster their core capital buffers. The EBA...
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Barclays’ Diamond quits over rate rigging

LONDON (Reuters) - Barclays chief executive Bob Diamond suddenly quit on Tuesday over an interest rate-rigging scandal that threatens to drag in a dozen more major lenders but suggested the...
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Barclays’ Diamond quits over rate rigging

LONDON (Reuters) - Barclays chief executive Bob Diamond suddenly quit on Tuesday over an interest rate-rigging scandal that threatens to drag in a dozen more major lenders but suggested the...
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Barclays’ Diamond faces grilling in parliament

LONDON (Reuters) - Bob Diamond squares up to critical British lawmakers on Wednesday, a day after quitting as Barclays' chief executive over the Libor interest rate scandal, potentially dragging the...
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Barclays’ Diamond faces grilling in parliament

LONDON (Reuters) - Bob Diamond squares up to critical British lawmakers on Wednesday, a day after quitting as Barclays' chief executive over the Libor interest rate scandal, potentially dragging the...
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Moody’s downgrade gives edge to safe-haven banks

LONDON/NEW YORK (Reuters) - Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday...