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John Varley


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Barclays unable to dodge credit crisis

Barclays chief executive John Varley says the bank's exposure to the subprime market has produced results that are acutely disappointing.

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Barclays' profits drop a third

John Varley, chief executive of Barclays, today posted what he called an "acutely disappointing" 33 per cent slide in first half profits to £2.8 billion and apologised for the collapse in the bank's share price.

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Barclays profits slide after £2.45bn charges

Pre-tax profits at the bank fell by a third to £2.75bn, a worse result than analysts had predicted, with the biggest fall coming at its Barclays Capital investment banking arm. John Varley, chief executive, said the results were 'acutely disappointing'

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Further Write-Downs for Barclays?

John Varley's day of reckoning has arrived. Thursday, the Barclays chief will update shareholders on the write-downs the U.K. bank has made to cover souring credit-related investments.

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Jeremy Warner's Outlook: More wild rumours among the banks

It was another round of wild rumours in the banking sector yesterday, even though share prices were in the round in healthier mood. Both Andy Hornby, chief executive of HBOS, and John Varley, chief executive of Barclays, were said to be collecting their P45s.

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Aural Delights No 32 John Varley mp3

Aural Delights No 32 John Varley Poetry: Goodbye Is Meaningless by Laurel Winter 01:03 Flash Fiction: The Candidate by Jack McDevitt 02:35 Fact: Captain Power Amy H Sturgis 10:27 Main Fiction: The Bagatelle by John Varley 13:05 Narrators: Diane Severson , Grant Stone , Fred Himebaugh

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SF Tidbits for 7/1/08

Interviews and Profiles: SCI FI Weekly has posted a never-before-seen 2001 interview with Arthur C. Clarke . Adventures in Reading interviews Nancy Kress , author of Nano Comes to Clifford Falls and Other Stories and Dogs . The World in the Satin Bag interviews John Varley , author of Rolling Thunder . Bibliophile Stalker interviews Paolo Bacigalupi , author of Pump Six and Other Stories . Graeme's...

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John Varley insists Barclays' £4.5bn rights issue is enough

Barclays chief executive John Varley has shot down speculation that the £4.5bn the bank is raising may not be enough for it to ride out the credit crunch.

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John Varley and Bob Diamond: Barclays duo sing from same balance sheet

John Varley and Bob Diamond are a little too keen to emphasise how seamless team work got them a £4.5bn cash injection without having to resort to a messy rights issue. Andrew Cave reports.

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Barclays executives strike defiant tone after fund raising

LONDON (MarketWatch) -- John Varley and Bob Diamond, the chief executive and president of U.K. banking group Barclays, both struck a defiant tone Wednesday after announcing a plan to raise nearly $9 billion from investors from Qatar to China.

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Straight Talking

"We strengthen our capital base and give ourselves additional resources to pursue our strategy of growth." John Varley, Barclays chief executive. As situations get bad experts tend to stop talking plain English.

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Barclays’ commitment to sustainability and corporate citizenship

John Varley, Barclays Group CEO, discusses the organization's commitment to sustainability with John Elkington. http://www.barclays.com/sustainabilityreport07/ceo_introduction.html

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Varley made his point, now he must make his move

Barclays is feeling so cocky at the moment it's hard not to imagine John Varley leaning back in his chair and pinging his red braces in self-satisfaction.

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Varley banks on a better future

John Varley has made a big contrarian bet on the future of banking. As rivals raise capital to repair balance sheets and prepare for a difficult economy, the Barclays chief executive insists things are not as bad as they seem