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Seegers quits in Barclays’ shake-up

Barclays retail and commercial banking head Frits Seegers has quit after control of his commercial lending unit was handed to group president Bob Diamond in a surprise restructure. Barclaycard chief executive Antony Jenkins will take over retail banking in the UK, Europe and emerging markets while Diamond will lead commercial banking and keep control of investment banking and wealth management.



FSA fines UBS £8m

The FSA has fined UBS £8m for systems and controls failures that enabled four employees to carry out unauthorised transactions involving customer money on at least 39 accounts.

Artemis Monthly Distribution Fund: positioning and outlook

Managers James Foster and Jacob de Tusch-Lec outline the fund’s investment approach and discuss current investment themes and outlook for the bond and equity markets. As James and Jacob confirm, the Artemis Monthly Distribution Fund’s aim is to generate an income from both equities and bonds. They explain their investment approach in each asset class, the sectors where they are […]


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  1. Have worked for Barclays for 32 years…Goodnight Frits and let Barclays not employ such absolute Wankers in the future!

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