Bob Diamond

AMA, RCSAs and dealing with Libor at Rabobank

Dutch bank Rabobank has shaken off its Libor label pretty quickly, leaving it to focus on its co-operative roots, the AMA and its RCSA roll-out. Anne Snel-Simmons, head of operational risk management at Rabobank, talks to OpRisk about the challenges of…

Barclays Capital expands executive committee

Barclays Capital has added eight managing directors to its executive committee, after completing the integration of Lehman Brothers' US investment banking and capital market businesses.

Solent brings in CFO

Solent Capital Partners, the London-based collateralised debt obligation and hedge fund manager, has hired Desmond Dundon as its chief financial officer, from Merrill Lynch.

Barclays appoints Diamond to board

Bob Diamond, one of the architects of Barclays Capital's derivatives business, was formally appointed to the board of the Barclays Group today, and takes on the additional role of group president.

BoA wins $17.85m weather derivatives lawsuit

Diamond State Insurance, a unit of Cayman Islands-domiciled United National Group (UNG), has agreed to pay Bank of America (BoA) $17.85 million to settle its claims over a series of weather derivatives policies written through the now defunct Customized…

Insurers to sue Worldwide Weather Trading for fraud

A number of insurance companies have been granted the go-ahead by the Nassau County Court in New York to launch a lawsuit against Worldwide Weather Trading (WWT), alleging the company fraudulently sold weather derivatives policies. The plaintiffs will…

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