Agenda: Bob Diamond - Barclays Capital's CEO Explains How Proving Itself In Europe Is An Ideal Platform For Building Its US Business.(Company Profile)

Banker, The, January, 2004

When Barclays Capital CEO Bob Diamond was passed over for the top position at Barclays last October, there was a lot of media speculation that if a good offer came from another firm, he would be happy to jump ship. Mr Diamond's rebuttal is adamant and he says his "enriched mandate" to combine the wholesale and institutional businesses gives him a good enough reason to stay.

"There was a lot of silly talk that I would throw my toys out of the pram, but I have always been open about how much I love the platform I have. The real point about the announcement is that the board is pushing us to grow a quality business on a risk-adjusted basis at a greater pace; the team is really pumped up to try to achieve it."

Timing right

Mr Diamond is justly...

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