New CEO at Barclays wins praise

Article Abstract:

Michael O' Neill was appointed the new chief executive officer (CEO) of Barclays PLC. Mr. O'Neill is currently the head of BankAmerica Corp.'s asset management and investment operations. The fifty-two year old O'Neill has been praised by American investors for his ability to produce value for stockholders as the chief financial officer of BankAmerica before it was merged with NationsBank Corp. Mr. O'Neill is replacing Martin Taylor who suddenly resigned in November 1998 due to strategic disagreements.

Comment:

Michael O' Neill appointed new chief executive officer of co

Commercial Banks, Commercial Banking, Banking industry, Appointments, resignations and dismissals, Abstract, Barclays PLC

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London Clearing, Clearnet Agree to Merge

Article Abstract:

Paris, France-based Clearnet S.A. will merge with London Clearing House, which is led by chief executive officer David Hardy, who will lead the new company. Industry analysts said that the merger signals further consolidation in the European securities industry.

Acquisitions & mergers, France, Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Mergers, acquisitions and divestments, Company acquisition/merger, Securities industry, Clearnet SBF S.A., Hardy, David, London Clearing House Ltd.

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