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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 Servi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. It is south of Coventry, and south-east of Birmingham. It is adjoined with Leamington Spa and Whitnash. It has ancient origins and an array of historic buildings, notably from the Medieval, Stuart and 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 and the Shire Hall. The population was estimated at 37,267 at the 2021 Census. History Neolithic Human activity on the site dates back to the Neolithic, when it appears there was a sizable settlement on the Warwick hilltop. Artifacts found include more than 30 shallow pits containing early Neolithic flints and pottery an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, 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). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. IS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 London-based hedge fund manager and the founding partner of Odey Asset Management. In April 2011 the firm had $6.5 to $7 billion under management, with Odey personally running $4 billion of assets.Blackhurst, Chris (1 April 2011)"The MT Interview: Crispin Odey of Odey Asset Management" ''Management Today''. Retrieved 13 June 2012. According to ''Bloomberg'' in November 2017, he is "known for his bearish outlook" on the markets. According to The ''Sunday Times Rich List'' in 2020, Odey and his then wife Nichola Pease were worth £825 million. Early life and education Odey was born in the East Riding of Yorkshire, the only son of (George) Richard Odey. His father was from a family of Yorkshire industrialists, and his grandfather George Odey, "a formidable bully", had been the Conservative MP for Beverley. His ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nichola Pease
Nichola Pease (born 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 Engli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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; t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quaker
Quakers are people who belong to a historically Protestant Christian set of Christian denomination, denominations known formally as the Religious Society of Friends. Members of these movements ("theFriends") are generally united by a belief in each human's ability to experience Inward light, the light within or see "that of God in every one". Some profess a priesthood of all believers inspired by the First Epistle of Peter. They include those with evangelicalism, evangelical, Holiness movement, holiness, Mainline Protestant, liberal, and Conservative Friends, traditional Quaker understandings of Christianity. There are also Nontheist Quakers, whose spiritual practice does not rely on the existence of God. To differing extents, the Friends avoid creeds and Hierarchical structure, hierarchical structures. In 2017, there were an estimated 377,557 adult Quakers, 49% of them in Africa. Some 89% of Quakers worldwide belong to ''evangelical'' and ''programmed'' branches that hold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 acqui ... [...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 offi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 (United Kingdom), Serious Fraud Office covering Barclays' activities during the financial crisis of ... [...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] |
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] |
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 profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
