Simon Clark, Wall Street Journal

Simon Clark

Wall Street Journal

United Kingdom

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Recent:
  • Unknown
Past:
  • Wall Street Journal
  • Financial News
  • TorontoStar

Past articles by Simon:

Barclays’s Record Trading Quarter Reinforces CEO Jes Staley’s Strategy

U.K. lender Barclays said the trading unit in its investment bank generated record quarterly revenue, helping to stabilize the bank as the coronavirus pandemic caused profit to fall and provisions for bad loans to rise. → Read More

Britain’s Virus Loan Program Has Small Businesses Asking: Where’s the Money?

A month into the U.K.’s coronavirus lockdown, money from a massive loan program is only trickling out, leaving small businesses at risk of going under. Critics blame the slow pace on banks and government rules. → Read More

UK investigators examine visits by Barclays CEO Staley to Epstein’s island

Probe asks whether Staley gave a full and accurate account of his interactions with convicted sex offender → Read More

Swiss Re Picks UBS CEO Ermotti as Next Chairman

Sergio Ermotti is joining the board of Swiss Re, one of the world’s biggest insurers, in April and will succeed Walter Kielholz as chairman next year. → Read More

Barclays Shareholder Calls for CEO to Leave Over Epstein Links

Barclays chief executive Jes Staley was under renewed pressure after an activist investor called on the bank to withdraw its support for its American CEO because of his links to Jeffrey Epstein. → Read More

Standard Chartered warns of coronavirus’s impact on growth

Fallout from viral outbreak compounds existing challenges for the Asia-focused bank → Read More

Barclays Probe Signals ‘Governance Weakness,’ Activist Investor Says

U.K. officials’ probe of Barclays CEO Jes Staley’s professional relationship with late financier Jeffrey Epstein shows “governance weakness” at the British bank, activist investor Edward Bramson said. → Read More

Former Banking Behemoth Changes a 300-Year-Old Brand Tainted by Crisis

Royal Bank of Scotland will alter its name in a bid to move on from the legacy of the global financial crisis that saw the U.K. banking giant receive a $59 billion bailout from British taxpayers to prevent it collapsing. → Read More

Barclays CEO Under Investigation Over Links to Epstein

U.K. bank Barclays said regulators are probing the relationship between its American Chief Executive Jes Staley and Jeffrey Epstein, the disgraced financier who died in jail last year. → Read More

Health-Care Firm Targeted by Short Seller Muddy Waters Reviews Founder’s Stake

A campaign of short-selling that has erased some 66% of its market value has forced a U.K.-listed health-care company to ask some searching questions. First on the list: who its owners are. → Read More

Citigroup Suspends Trader for Stealing Cafeteria Food

Junk-bond trader Paras Shah allegedly took food repeatedly from office cafeteria without paying. → Read More

European Banking Regulator Encourages Mergers to Boost Profits

The eurozone’s main banking regulator encouraged lenders to consider mergers and acquisitions to boost profits, reinforcing an increasingly vocal message to bankers across the region. → Read More

Investors call for better transparency in private equity sector

Allianz throws weight behind efforts to standardise reporting of fees and performance in the fast-growing industry → Read More

Abraaj break-up sees Actis take over more buyout funds

Abraaj’s collapse has provided opportunities for its former rivals → Read More

Abraaj handed record $315m penalty by Dubai regulator

Regulator imposes its largest ever fine, saying Abraaj misused investors’ funds and provided misleading information → Read More

U.S. Investment in African University Fails as China Advances

The failure of a university project in Ghana marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence in Africa. → Read More

Former Abraaj executive pleads guilty to racketeering and fraud

Mustafa Abdel-Wadood says he ‘should have walked away’ from the once-prominent Dubai-based private equity firm → Read More

Abraaj Founder Arif Naqvi Accused of Misappropriating More Than $250 Million in New Indictment

U.S. prosecutors accused Abraaj Group founder Arif Naqvi of misappropriating more than $250 million in a widening investigation into the world’s biggest failed private-equity firm. → Read More

Asset manager Ardian buys record $5bn private equity portfolio

Transaction comes as the market for secondary stakes in private equity funds booms → Read More

Third Abraaj executive arrested in London

Sev Vettivetpillai has been arrested for extradition to the US → Read More