• Nasdaq takes clearing hit after commodities default

    2 monthes ago - By eFinancial News

    The rare occurrence will fuel concerns about the risks facing clearing houses
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  • The ex-Barclays CEO once dubbed the 'unacceptable face of banking' thinks banks should be taking more risks today

    2 monthes ago - By Chron

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    Former Barclays CEO Bob Diamond thinks the post-financial crisis environment has led to banks taking too few risks.
    "If they are totally without risk, they are not helping create jobs and economic growth," Diamond said in an interview with the BBC.
    Diamond was once labelled the "unacceptable face of banking" by Labour minister Peter Mandelson.
    With the 10-year anniversary of the collapse of Lehman Brothers just two days away, many key figures from the financial crisis have taken the opportunity in recent days to reflect on their part in it.
    Most have spoken of their regrets...
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