Tag Archives: Bob Diamond

The Bureaucrat and the Banker: Bob Diamond’s downfall

Bob Diamond is a shrewd, powerful, deal maker who does not understand bureaucratic politics. On Wall Street, or in the City, your word is your bond. If you cannot keep your word, you cannot do business. Lehman Brothers collapsed in … Continue reading

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Three reasons why Bob Diamond will stay and lessons in crisis management

This blog post has been overtaken by events. Bob Diamond resigned on 3 July 2012. It is unlikely that the LIBOR scandal as described in the FSA report is going to be enough to remove Bob Diamond from Barclays. There … Continue reading

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Thoughts on Barclays, Diamond, and a corporate culture in crisis

As I read the report published by the Financial Services Authority (FSA) for the fine of £59 million against Barclays Bank for the recent LIBOR fixing scandal, I was struck by how Bob Diamond’s letter to Andrew Tyrie seemed to … Continue reading

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