Financial magazine Euromoney, which in addition to being a  subscription-based publication appears to also rely on bank advertising,  has just held its 2012 Awards for Excellence dinner event. And in the "you can't make this up" category we have  Barclays winning the Best Global Debt House, Best Investment Bank, And  Best Global Flow House Of The Year Awards. Specifically we learn that "the bank’s commitment to the US is exemplified by the addition of  another global senior manager to the country – Tom Kalaris is now going  to be splitting his time between New York and London as executive  chairman of the Americas as well as overseeing wealth management. Jerry  del Missier, who has overseen the corporate and investment bank through  its Lehman integration and was recently appointed COO of the Barclays  group, says the bank is well positioned. "We came out of the crisis in a  stronger strategic position and that has allowed us to continue to win  market share and build our franchise. Keep in mind that the US  is the largest investment banking, wealth management, credit card and  investment management market in the world, and in terms of fee share  will remain the most dynamic economy in the world for many years. As a  strong global, universal bank operating in a competitive environment  that is undergoing significant retrenchment, we like our position."  That said, with the Chairman, CEO and COO all now fired, just who was  it who accepted the various award: the firm's LIBOR setting team? And if  so, were they drinking Bollinger at the dinner?

Login

Barclays Wins Euromoney's Best Global Debt, Best Investment Bank, And Best Global Flow House Of The Year Awards

This article is archived.

Upgrade to premium to access all of the ZeroHedge archive.

PREMIUM

ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

PROFESSIONAL

ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.

Today's Top Stories