O'Neill takes the helm at Barclays
Article Abstract:
New Barclays Bank Chief Executive Michael O'Neill has been warmly welcomed by financial experts, prompting a 6% rise in the bank's share price to 14.20 pounds sterling. O'Neill, a former BankAmerica Chief Financial Officer, will receive a salary package worth 2.3 million pounds sterling in his first year, along with performance-related share options worth 3.4 million pounds sterling at current rates. He has denied that he has been appointed to prepare Barclays for a merger with another bank or to sell off or close down Barclays Capital.
Comment:
Has appointed new Chief Executive Michael O'Neill
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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The banker who came in from the cold
Article Abstract:
The Russian banking industry is characterized by youth and energy, according to Rossiyskiy Kredit Bank Chmn Dimitry Lyubinin. He took on this job at the age of only 24, but does not feel too young for such a role. He believes that his rapid career progression is attributable to his understanding of the importance of human incentive and professionalism. His strategic yet enthusiastic approach has proved extremely successful. The bank now has 43 branches and around 7,200 employees.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Taylor runs up against a brick wall
Article Abstract:
The official explanation for the unexpected resignation of Barclays Bank Chief Executive Martin Taylor is that he feels he has achieved everything he can do. Even if this were the case, most people would not believe it. People in his position do not simply resign in this way, and it seems likely that differences of opinion had emerged between Taylor and his board. He has made significant achievements at Barclays, but has encountered a number of difficulties in the past year.
Comment:
Barclays Bank Chief Executive Martin Taylor resigns
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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