ADVFN - Advanced Financial Network.
HOME» NYSE » P » PSO Stock Price » PSO Stock News

Pearson Share News

 Pearson Stock Price
PSO Stock Price
 Pearson Stock Chart
PSO Stock Chart
 Pearson Stock News
PSO Stock News
 Pearson Company Information
PSO Company Information
 Pearson Stock Trades
PSO Stock Trades

Michael Rake, Rich Ricci Shun Top Barclays Posts

LONDON--Barclays PLC (BCS.LN) Deputy Chairman Michael Rake has shunned the chance to become chairman of the beleaguered bank, and Rich Ricci, Chief Executive of Barclay's investment banking arm, pulled out of the race to become CEO of the parent company, U.K. newspapers reported Sunday. This means Barclays will continue to have a crisis of leadership after the recent departure of Bob Diamond as CEO, Jerry del Missier as chief operating officer and Marcus Agius as chairman following Barclays' involvement in a major Libor-rigging scandal. The Sunday Times reported that several top shareholders at Barclays favored Mr. Rake to be chairman, but he last week told John Sutherland, the non-executive director leading the search, that he did not want to be considered. The article cited unnamed sources as saying Mr Rake's decision "reflected the fierce scrutiny of the choice of Barclays' new leadership". It said Mr. Sutherland may struggle to find a candidate acceptable to the financial regulator and the government. It said other potential contenders include Pearson PLC (PSON.LN) Chairman Glen Moreno and Augustine O'Donnell, a former Cabinet secretary, who is also seen as a potential candidate to be the next governor of the Bank of England. The Sunday Telegraph said Mr Ricci "is believed to have told friends" that he doesn't want to be CEO of Barclays, and doesn't think it would be sensible for him to be appointed. The report said Mr Ricci wants to focus on running the investment banking business and restore its reputation in the wake of the Libor scandal. A Barclays spokesman couldn't be immediately reached for comment. -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320 Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Pearson (PSO)
DateTimeHeadline
08/03/201513:10:13Report of Foreign Issuer (6-k)
08/03/201511:47:16Report of Foreign Issuer (6-k)
07/30/201509:27:12Report of Foreign Issuer (6-k)
07/29/201512:28:31Correction to Pearson story from July 23
07/27/201507:24:52Report of Foreign Issuer (6-k)
07/27/201506:44:55Report of Foreign Issuer (6-k)
07/27/201503:20:06Pearson in Talks to Sell Economist Stake
07/25/201512:02:09Pearson in Talks to Sell Economist Stake -- Update
07/25/201510:40:05Pearson In Talks to Sell Economist Stake
07/24/201511:40:47Report of Foreign Issuer (6-k)
07/24/201506:42:35Pearson's First Half Hit by Write-Down -- Update
07/24/201503:09:01Pearson 1st Half Hit by Writedown; Backs 2015 Guidance
07/23/201517:31:15ADRs End Lower; Credit Suisse Rises
07/23/201513:58:08Pearson Chooses Digital Path as It Plans to Sell Financial Times...
07/23/201512:30:33Correction to Pearson in Talks to Sell the Financial Times Story
07/23/201511:19:07Pearson Agrees to Sell the Financial Times to Nikkei for $1.3...
07/23/201510:59:57Report of Foreign Issuer (6-k)
07/23/201510:55:28Pearson Agrees to Sell the Financial Times to Nikkei for $1.3...
07/23/201510:44:27Axel Springer Not Buying FT Group
07/23/201510:38:18Financial Times Poised for New Ownership

Pearson and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad