John Silvester Varley
John Silvester Varley (born 1 April 1956) is an English banker who was the group chief executive of Barclays from 2004 to 2011. Early life John Silvester Varley was born in Warwick. His father, Philip, was a solicitor in Coventry. Varley was educated at the Catholic Downside School at Stratton-on-the-Fosse south of Bath, becoming head librarian, then at Oriel College, Oxford ( MA History), and London's College of Law. Career He became a solicitor with Frere Cholmeley (which became Frere Cholmeley Bischoff and was then bought by Eversheds in 1998) in 1979. Varley joined Barclays in 1982, as part of the Corporate Finance Department of the then Barclays Merchant Bank. Senior appointments with the successor bank, BZW (now Barclays Capital), included deputy chief executive of BZW's Equity Division and head of BZW's offices in South East Asia. In 1995 he became chairman of the Asset Management Division and from April 1998 to October 2000 was chief executive, retail financial ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Warwick
Warwick ( ) is a market town, civil parish and the county town of Warwickshire in the Warwick District in England, adjacent to the River Avon, Warwickshire, River Avon. It is south of Coventry, and south-east of Birmingham. It is adjoined with Leamington Spa and Whitnash. Warwick has ancient origins and an array of historic buildings, notably from the Middle Ages, Medieval, Stuart period, Stuart and Georgian era, Georgian eras. It was a major fortified settlement from the early Middle Ages, the most notable relic of this period being Warwick Castle, a major tourist attraction. Much was destroyed in the Great Fire of Warwick in 1694 and then rebuilt with fine 18th century buildings, such as the Collegiate Church of St Mary, Warwick, Collegiate Church of St Mary and the Shire Hall, Warwick, Shire Hall. The population was estimated at 36,665 at the 2021 United Kingdom census, 2021 Census. History Neolithic Human activity on the site dates back to the Neolithic, when it appears ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crispin Odey
Robin Crispin William Odey (born January 1959)O'Hannelly, Padraig"Investment Greats: Crispin Odey" Motley Fool, 2 October 2009. Retrieved 13 June 2012. is a British hedge fund manager and founder of Odey Asset Management. In June 2023, the ''Financial Times'' published an investigative report which alleged that Odey had sexually harassed or assaulted 13 women over the course of 25 years. Odey denied the allegations. Odey Asset Management announced shortly afterwards that Odey would be leaving the firm. Investors soon started pulling their money from the firm following the report, prompting it to suspend withdrawals. In late June 2023 the company suspended flagship hedge funds, and it was speculated that it might break up. In March 2025, the Financial Conduct Authority (FCA) fined Crispin Odey £1.8 million and banned him from the UK financial services industry for a 'lack of integrity'. Odey intends to challenge the decision in the Upper Tribunal. Early life and education ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nichola Pease
Nichola Pease (born 3 April 1961) is a British fund manager. According to The '' Sunday Times Rich List'' in 2019, Pease and her then husband Crispin Odey were worth £775 million. Early life Nichola Pease was born in April 1961. Her father, Sir Richard Pease, 3rd Baronet, was a banker. Charles Moseley (ed.), '' Burke's Peerage, Baronetage & Knightage'', Wilmington, Delaware: Burke's Peerage, 2003, vol. 3, p. 3074Business profile: It's in the blood and it's a passion '''', 5 March 2005 Her mother is Anne Heyworth. She received a bachelor's degree in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pease Family (Darlington)
The Pease family is an English and mostly Quaker family associated with Darlington, County Durham, and North Yorkshire, descended from Edward Pease of Darlington (1711–1785). They were 'one of the great Quaker industrialist families of the nineteenth century, who played a leading role in philanthropic and humanitarian interests'. They were heavily involved in woollen manufacturing, banking, railways, locomotives, mining, and politics. Notable events in their history include; their support of abolitionism; the founding of the Peace Society in 1816; the establishment of the Stockton and Darlington Railway in the 1820s and its later absorption into the North Eastern Railway; the establishment of Robert Stephenson and Company in 1823; the purchase and development of Middlesbrough from 1830; the abolition of bear-baiting and cockfighting through 'Pease's Act' (the Cruelty to Animals Act 1835); a bid to avert the Crimean War through personal interview with Czar Nicholas in 1854; ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Quaker
Quakers are people who belong to the Religious Society of Friends, a historically Protestant Christian set of denominations. Members refer to each other as Friends after in the Bible, and originally, others referred to them as Quakers because the founder of the movement, George Fox, told a judge to "quake before the authority of God". The Friends are generally united by a belief in each human's ability to be guided by the inward light to "make the witness of God" known to everyone. Quakers have traditionally professed a priesthood of all believers inspired by the First Epistle of Peter. They include those with evangelical, holiness, liberal, and traditional Quaker understandings of Christianity, as well as Nontheist Quakers. To differing extents, the Friends avoid creeds and hierarchical structures. In 2017, there were an estimated 377,557 adult Quakers, 49% of them in Africa followed by 22% in North America. Some 89% of Quakers worldwide belong to ''evangelical'' a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Unlawful Financial Assistance
Financial assistance in law refers to assistance given by a company for the purchase of its own shares or the shares of its holding companies. In many jurisdictions such assistance is prohibited or restricted by law. For example, all EU member states are required to restrict financial assistance by public companies up to the limit of the company's distributable reserves, although some members go further, for example, Belgium, Bulgaria, France, and The Netherlands restrict financial assistance by all companies. Where such assistance is given in breach of applicable law it will render the relevant transaction void and may constitute a criminal offence. Outline The assistance can be of a variety of different types. The most common type of assistance is a financial guarantee for a loan and/or third party security to allow a borrower to borrow money to buy shares which is routinely given (to the extent legally possible) after a leveraged buyout in support of the new owner's acquisition ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conspiracy To Commit Fraud
Conspiracy to defraud is an offence under the common law of England and Wales and Northern Ireland. England and Wales The standard definition of a conspiracy to defraud was provided by Lord Dilhorne in ''Scott v Metropolitan Police Commissioner'', when he said that: Conspiracy to defraud therefore contains two key elements; that the conspiracy involved dishonesty, and that if the conspiracy was undertaken, the victim's property rights would be harmed. This does not require the defendants' actions to directly result in the fraud; in ''R v Hollinshead'', the House of Lords held that producing devices designed to alter electricity meter readings constituted conspiracy to defraud, even though the actual fraud would be carried out by members of the public rather than the conspirators. It's not necessary for the actions to directly lead to any kind of financial loss for the victim in two situations; when the conspirators plan to deceive a person holding public office into acting counte ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Boath
Richard Boath is a British banker, the former Barclays global co-head of finance. Early life Richard Boath is the son of a senior chemicals company executive , and a former Miss Manchester. He has a bachelor's degree in management science from the University of Manchester. Career Boath started his career in 1980 with Bank of America as a corporate banking account officer. In 1982, he joined Security Pacific, then in 1988, Merrill Lynch, and in 1990 Salomon Brothers, before joining Barclays in 2000, rising to co-head of financial institutions for Europe, the Middle East and Africa (EMEA) by 2013 and chairman of the bank's EMEA financial institutions group in 2014. I In 2016, Boath left Barclays and is pursuing an employment law claim against the bank, adjourned in December 2016. Barclays fraud case In June 2017, following a five-year investigation by the UK's Serious Fraud Office covering Barclays' activities during the 2008 financial crisis The 2008 financial crisis, a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Thomas Kalaris
Thomas Llewellyn Kalaris (born November 1955) is a British banker, the former chief executive of Barclays wealth and investment management. Early life Kalaris has a bachelor's degree from Dickinson College in Carlisle, Pennsylvania, and an MBA from the University of Chicago. Career Kalaris joined Barclays in 1996, and was a member of the bank's executive committee from November 2009. Kalaris was one of the co-founders of Saranac Partners, a wealth management company backed by Standard Life Aberdeen. He stepped down from the firm's management in June 2016, but remains an advisor and shareholder. In June 2017, following a five-year investigation by the UK's Serious Fraud Office covering Barclays' activities during the 2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both home ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Roger Jenkins (banker)
Roger Allan Jenkins (born 30 September 1955) is a British financier and former international athlete. He is the brother of Olympic medalist David Jenkins. From 2006, Jenkins worked for Barclays Capital as head of Private Equity, Principal Investments and Structured Capital Markets. From April 2008 as Executive Chairman of Investment Banking and Investment Management for the Middle East.Milmo, Cahal"Roger Jenkins: The banker everybody wants to be seen with" ''The Independent'', 3 February 2009. Retrieved 22 February 2011."How a UK banker helps US clients trim their taxes" ''Wall Street Journal'', 30 June 2006. Retrieved 23 February 2011. Barclays Structured Capital Markets Jenkins developed an expertise in structuring and analysing the tax regimes of various countries. His group became Barclays Capital Structured Capital Markets. It recruited beyond banking and included Iain Abrahams, a former lawyer at Slaughter and May. In 2009, ''The Guardian'' reported tales of a macho ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |