Barclays appoints ex-regulator as compliance head | Essentials

Barclays appoints ex-regulator as compliance head

" London : Snapshots : End of January 2012 " by || UggBoy♥UggGirl || PHOTO || WORLD || TRAVEL ||
License (according to Flickr): Attribution License

Excerpt:

The move will see Hector Sants switching sides from heading the Financial Services Authority to overseeing all compliance activities in all regions in which Barclays does business, the bank said. "I left the FSA with the intention of finding a role which would allow me to put into practice the experience I have gained in both the public and private sector," Sants, 56, said in a statement. The bank was hit by scandal earlier this year when British and U.S. regulators fined it 290 million pounds ($467 million) for manipulating a key interbank lending rate known as LIBOR. Barclays said that Sants, who stepped down as the FSA's chief executive in June, will serve as Barclay's first point of contact for governments and regulators around the world. He will take up the post on Jan.

Keywords:

chief executive Barclays does business bank Financial Services Authority interbank lending rate group chief executive LIBOR scandal Hector Sants U.S. regulators Antony Jenkins compliance activities go-to bank private sector FSA Bob Diamond compliance standards

People:

Sants

Overall Sentiment: 0.0421144

Relevance: 0.534759

Sentiment	Quote
0.0387925	"I left the FSA with the intention of finding a role which would allow me to put into practice the experience I have gained in both the public and private sector," Sants, 56, said ...
Sentiment Stats:	Number of Quotes: 1 Aggregate Sentiment: 0.0387925 Mean: 0.0387925 Standard Deviation: 1.4142135623731

Antony Jenkins

Overall Sentiment: 0.118194

Relevance: 0.488039

Barclay

Overall Sentiment: 0

Relevance: 0.355091

Bob Diamond

Overall Sentiment: -0.263687

Relevance: 0.241633

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Company: Barclays

Overall Sentiment: 0.0408133

Relevance: 0.832492

Disambiguation: References:

• Barclays plc: dbpedia
• Barclays plc: umbel
• Barclays plc: opencyc
• Barclays plc: yago

Organization: FSA

Overall Sentiment: 0

Relevance: 0.476609

Webpage Header Info

URL Provided Desc:

Bank was hit by scandal when British and U.S. regulators fined it for manipulating a key interbank lending rate known as LIBOR

Webpage Provided Title:

Barclays appoints ex-regulator as compliance head

Site Provided Keywords:

• barclays
• compliance
• financial services authority
• hector sants
• libor
• regulator

Source Site: Barclays appoints ex-regulator as compliance head

Data Sources

Full Content: http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/B8KT7dyUsfU/

Click