Barclays has confirmed that US banker Bob Diamond will become the firm's chief executive next year. Mr Diamond will take over from current boss John Varley in March 2011, who has been a huge success following his development of the company's investment banking unit. His appointment is likely to be unpopular with many as Mr Diamond was widely criticised for embodying the excessive banker bonus culture which led to the financial crisis. He allegedly received a £63 million reward package this year, while he made £26 million for selling his shares in Barclays Global Investors. Paul Kenny, general secretary of the GMB union, claimed the move was an insult to the millions of workers who are facing pay cuts and job losses. He said: "A person who poured petrol on the flames of the fires in the financial system has been rewarded rather than been punished for what he did. "Meanwhile GMB members are enduring pay freezes and face job cuts to make good the damage Diamond caused." Posted by Charles Baker Charles is a reputed financial analyst with almost decades of experience under his belt
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk/search.aspx number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office. Registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.
* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.
By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide