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News Archive for Barclays Capital
NEWS   01.28.09 1:06 PM
In the News: Somber Times Kill Davos Party, Guerrilla Marketers Help Inauguration-Goers Make Friends
Here's are a few stories grabbing our attention this week:

Financial Forecast Calls for Subdued Davos: The World Economic Forum's annual meeting in Davos, Switzerland, is taking an unsurprisingly somber tone this year. C.E.O.s of corporations like Citigroup and Sony have opted not to attend; the celebrity contingent is all but nonexistent; and the opulent parties of the past seem to be long gone. Goldman Sachs is among the biggest names ditching their perennially hot ticket parties, and although Brit bank Barclays is said to be going ahead with theirs, company president Bob Diamond just canceled his trip yesterday. [FT]

HuffPo and Meetup Help Obama Fans Network: By using street teams to hand out branded name tags in Washington, the Huffington Post and community organizing Web site Meetup attempted to introduce half a million strangers to each other at last week's inauguration. Creative agency Interference Inc. enlisted about 180 people to pass out the tags, and trucks had to deliver the 500,000 stickers two days in advance because of closed street traffic. [BrandFreak] MORE >>

RELATED TOPICS Inauguration 2009, Davos, Huffington Post, Meetup, Condé Nast, Goldman Sachs, Barclays Capital, Citigroup
NEWS   10.31.08 7:00 AM
Holiday Party Hemorrhage Continues With Barclays Capital and CitiGroup
Investment firm Barclays Capital won't be celebrating the holidays this year. Executive committee member and chief operating officer Rich Ricci broke the news yesterday in a letter to the company’s staff, republished on Wall Street blog Dealbreaker.

Ricci praised the company’s resilience in the rough economy and its handling of the Lehman Brothers acquisition, but insisted there’s no way to celebrate as a firm or by department. “In the current difficult environment for our industry and for the economy as a whole, which affects not just financial services firms but our clients as well,” Ricci wrote, “it is not appropriate for us to do anything that might be seen as inappropriate by any of our stakeholders.” MORE >>

RELATED TOPICS Barclays Capital, Lehman Brothers, Corporate Holiday Parties, Dresdner Kleinwort, Bank of America, Citi
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