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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 financial crisis of 2007–2008, the former Barclays chie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Manchester
The University of Manchester is a public university, public research university in Manchester, England. The main campus is south of Manchester city centre, Manchester City Centre on Wilmslow Road, Oxford Road. The university owns and operates major cultural assets such as the Manchester Museum, The Whitworth art gallery, the John Rylands Library, the Tabley House, Tabley House Collection and the Jodrell Bank Observatory—a UNESCO World Heritage Site. The University of Manchester is considered a red brick university, a product of the civic university movement of the late 19th century. The current University of Manchester was formed in 2004 following the merger of the University of Manchester Institute of Science and Technology (UMIST) and the Victoria University of Manchester. This followed a century of the two institutions working closely with one another. The University of Manchester Institute of Science and Technology was founded in 1824 as the Manchester Mechanics' Institute, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. Barclays ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security Pacific
Security Pacific National Bank (SPNB) was a large U.S. bank headquartered in Los Angeles, California. It was acquired by Bank of America in 1992. History On September 1, 1868, Hellman, Temple and Co. opened their first bank branch in Los Angeles. The banking firm was the predecessor of Farmers and Merchants Bank (1870), which was the predecessor of Security First National Bank. The bank earned a reputation for aggressive business practices and benefited from economic and population growth in the Western United States. By the mid-20th century it had an international presence, and was ranked the fifth-largest bank in the United States and third-largest in California in terms of deposits. In 1967, Security First National Bank bought Pacific National Bank of San Francisco and became Security Pacific National Bank. In 1971, SPNB Security Pacific National Bank (SPNB) bought 69% of Bank of Canton. In 1975, Security Pacific Bank constructed a 55-story tower in downtown Los Angele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merrill Lynch
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial analysts and manages $2.3 trillion in client assets. The company also operates Merrill Edge, an electronic trading platform. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the financial crisis of 2007–2008, the same weekend that Lehman Brothers was Bankruptcy of Lehman Brothers, allowed to fail. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salomon Brothers
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York. It was one of the five largest investment banking enterprises in the United States and the most profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the King of Wall Street". Salomon Brothers served many of the largest corporations in America. At one time, it was the leading underwriter of corporate bonds and the largest dealer of Treasury Securities in the United States. It was also one of the top firms in futures and options (known as "derivatives") and in securitization in a range of asset classes including commercial real estate securities. The bank was famed for its "cutthroat corporate culture that rewarded risk-taking with massive bonuses, punishing poor results with a swift boot." In Michael Lewis' 1989 book ''Liar's Poker'', the insider descriptions of life at Salomon gave way to the pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serious Fraud Office (United Kingdom)
The Serious Fraud Office (SFO) is a non-ministerial government department of the Government of the United Kingdom that investigates and prosecutes serious or complex fraud and corruption in England, Wales and Northern Ireland. The SFO is accountable to the Attorney General for England and Wales, and was established by the Criminal Justice Act 1987, an Act of the Parliament of the United Kingdom. Section 2 of the Criminal Justice Act 1987 grants the SFO powers to require any person (or business/bank) to provide any relevant documents (including confidential ones) and answer any relevant questions including ones about confidential matters. The SFO is the principal enforcer of the Bribery Act 2010, which has been designed to encourage good corporate governance and enhance the reputation of the City of London and the UK as a safe place to do business. Its jurisdiction does not extend to Scotland where fraud and corruption are investigated by Police Scotland through their Specialist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Serv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roger Jenkins (banker)
Roger Allan Jenkins (born 30 September 1955) is a British financier and former international athlete. He is the brother of former World no.1 ranked 400m runner, Olympic medalist, convicted drug runner, and informant David Jenkins.Mike RowbottomDrugs in sport: The former cheat who prospered The Independent, 14 December 1998 From 1994 to 2009, he worked for Barclays in a variety of roles, including as chief executive of Barclays Capital's Private Equity Group, and 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 financial crisis of 2007–2008, the former Barclays chief executive John Varley and three former colleagues, Roger Jenkins, Kalaris and Richard Boath were charged with conspiracy to commit fraud and the provision of unlawful financial assistance Financial assistan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. In two situations, it will not even be necessary for the actions to directly lead to any kind of financial loss for the victim; these are when the conspirators plan to deceive a person holding public office ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
