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Wall Street's New Gambler.

Authors :
Gumbel, Peter
Gimbel, Barney
Source :
Fortune; 10/27/2008, Vol. 158 Issue 8, p125-128, 3p, 2 Black and White Photographs
Publication Year :
2008

Abstract

The article reports on the British bank Barclays. With assets of $2.7 trillion, Barclays is the third largest bank in Great Britain. However, in September 2008 Barclays' president Robert Diamond had the bank buy the U.S. business Lehman Brothers and analysts are not sure if it was a smart move due to the European banking sector not performing well.

Details

Language :
English
ISSN :
00158259
Volume :
158
Issue :
8
Database :
Complementary Index
Journal :
Fortune
Publication Type :
Periodical
Accession number :
34831112