Barclays Chief Executive Jes Staley remains in control of Barclays’ business for the near future. Jes Staley knows the investment banking industry very well as someone whom previously worked at J.P. Morgan. Jes Staley’s tenure has included cutting jobs and leaving Brazil, Russia, and some parts of Asia. Jes Staley also stopped the equity and precious metal trading business of the bank. The aim was to bring the bank’s size down to keep the bank focused on North America and the UK.
All UK banks report directly to Staley, as he has been named the interim CEO of Barclays Corporate & International. The aim is to shield banking units to protect UK taxpayers. Mike Bagguley was also appointed as the Chief Operating Officer, whom was also previously the head of the macro markets business. Mike Bagguley is also overseeing interest rates, forex and commodities as regulation make parts of these businesses unprofitable.
Getting the strategy right is important because the business is very volatile to attention from investors and politicians. It is a difficult business to be in, because it is also subject to attention from a wide range of different interests.
Mike Bagguley is based in the UK, and is the current COO of Barclays bank. Prior to being the COO of the bank, he was Head of Macro Products Sales & Trading and markets at the investment bank. Mike Bagguley graduated from the University of Warwick in 1988 with a Bachelor of Science degree in Mathematics. His responsibility has been for strategic positioning and risk within Barclay Capital FX, with exposure to areas such as interest rate swap trading.
Client activity and regulatory pressures are what have caused a slowdown in banking activity in the UK and Europe. The previous role held by Mike Bagguley is being divided up by two people.
Originally from Kingston, Jamaica, Paul Herdsman did not have any entrepreneurial experience before starting his own business in 2014. NICE Global came from a simple concept– people get very frustrated when talking to automated machines. Herdsman took the initiative to create a business that would address this issue.
It has happened to almost everyone while calling a company it seems impossible to get where you want. Instead, an automated voice incorrectly interprets answers making callers more and more upset as the call progresses. These phone calls can actually result in reduced customer satisfaction. Businesses can suffer from reduced sales and negative word-of-mouth. Find More Information Here.
NICE Global, located in Montego Bay, Jamaica, has created a solution to consumer’s complaints about automated phone answering systems. NICE Global ensures that customers always reach a live employee every call. Company founder Paul Herdsman ensured that his business would succeed through hard work, dedication, and innovative strategies. Herdsman recently shared some of his best advice that has led to NICE Global’s success in his article 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman.
Some of them are listed below:
- Businesses should solve a problem
- Create an inviting company culture
- Invest in employees through adequate training
- Offer employee rewards for hard work
- Carefully choose new employees
Herdsman has followed his own advice thoroughly; his company offers a solution to a problem many organizations have. Paul Herdsman has also strived to make his employees happier and more productive through efforts to ensure that each employee has all of the training necessary to succeed in their position. He also knows the power of employee retention which he is why has an amiable work culture and employee rewards. Finally, Paul Herdsman instituted an employee referral system as a way to find new employees. These efforts have led to an internationally successful company under his leadership with a bright future.
See also: https://www.mylife.com/paul-herdsman/e367723386078