Shows & Panels
Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- American Readiness: Renewable Power and Efficiency Technologies
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Delivering the Digital Government Mission
- Federal Executive Forum
- Federal News Radio's National Cyber Security Awareness Month Special Panel Discussion
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- Government Perspectives on Mobility and the Cloud
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mitigating Insider Threats in Virtual & Cloud Environments
- Modern Mission Critical Series
- The New Generation of Database
- Reimagining the Next Generation of Government
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Barclays' finance director stepping down
Sunday - 2/3/2013, 2:34pm EST
LONDON (AP) - Finance director Chris Lucas and a senior legal adviser are stepping down from scandal-hit British bank Barclays, it said Sunday.
Barclays said Lucas and general counsel Mark Harding will leave once successors have been found. The bank said in a statement that given the men's seniority, that could take "a considerable time."
Lucas did not disclose reasons for his departure, but said his six-year stint as group finance director had occurred during "the most eventful period during which anyone could have occupied a role such as mine."
Lucas is one of several past and present Barclays staff being investigated over whether the bank broke the rules when it took big cash infusions from Qatar's sovereign wealth fund in 2008.
He also was one of the most senior survivors of a period that saw several top executives, including CEO Bob Diamond, leave since a rate-fixing scandal erupted last year. Barclays was fined $453 million by U.S. and British authorities after it emerged that executives had been involved in a campaign to rig a key interest rate known as LIBOR.
Barclays also is one of several British banks involved in a scandal over the mis-selling of payment protection insurance, in which consumers were signed up for inappropriate and expensive insurance products. That scandal has already cost Barclays hundreds of millions of pounds in compensation.
Last week CEO Antony Jenkins said he was forgoing his annual bonus in light of the "multiple issues of our own making besetting the bank."
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)