Kevin Gardiner, chief investment officer for Europe at Barclays Wealth and Investment Management, says economic data from the U.S. is still not strong enough to lead the Federal Reserve to start tapering its asset purchases this year rather than next.» Read More
Alastair Newton, Senior Political Analyst at Nomura says that banks will be the targets of political pressure after the Barclays crisis and they will also face more intense regulation from governments.
Meredith Whitney, CEO of the Meredith Whitney Advisory Group, downgraded JPMorgan to “hold” on Tuesday and told CNBC that it had been a "long time coming."
Britain's growing interest rate-fixing scandal could claim yet another high-level victim: Paul Tucker, the man tipped to eventually become the next head of the Bank of England.
Stocks closed near session highs Tuesday on a holiday-shortened trading session, led by energy, as investors cheered a better-than-expected factory orders report.
CNBC's John Carney shares his opinions on Barclays CEO Bob Diamond's letter to employees regarding his resignation and the Libor scandal.
CNBC's Kelly Evans reports the latest details on the departure of Barclays CEO Bob Diamond, amid the developing Libor rate-fixing investigation.
"If Diamond had showed up in the company gym, someone would have clocked him," one trader said.
CNBC's Kelly Evans reports the latest details on the departure of Barclays CEO Bob Diamond, amid the developing Libor scandal. Anton Schutz, Mendon Capital Advisors president & CIO, offers insight.
Barclays COO del Missier, CEO Diamond, and chairman Agius all announced their departures from the company. Jeffrey Sonnenfeld, Yale senior associate dean, weighs in on where the company might be headed without its top leaders.
The "Squawk on the Street" news team reports Jerry Del Missier, Barclays chief operating officer has resigned, amid the growing Libor scandal.
U.S. stock index futures hovered around the flatline Tuesday ahead of a shortened pre-holiday trading day, as investors awaited the factory orders report.
Take a look at some of Tuesday’s morning movers:
CNBC's Kelly Evans reports on all the market moving events from Europe, including the departure of Bob Diamond, Barclays embattled chief executive, amid the growing Libor scandal.
A look at the U.S. markets ahead of the open, with CNBC's Kelly Evans, including the resignation of Bob Diamond, Barclays CEO.
"In the banking community Bob Diamond was seen as a credible guy, a sort of Steve Jobs of the banking world, Olly Burrows, senior banks analyst at Rabobank told CNBC. Ian Gordon, head of banks research at Investec Securities added " I think this decision is regrettable, mob rule has won the day."
Cormac Leech, bank equity researcher at Liberum Capital and Vasu Menon, vice president wealth at OCBC Bank, joined CNBC to discuss the implications of Bob Diamond's resignation as CEO of Barclays.
"The changes coming through with this crisis are going to change the perception of the city in major way and I think the City is getting a little bit slow on recognizing the scale of change and the nature of that change and how significant it is going to be over the long-term" Gervais Williams, managing director at MAM Funds, told CNBC.
Robert E. Diamond Jr., the chief executive of Barclays, told employees on Monday that he was “disappointed and angry” about the bank’s past attempts to manipulate key interest rates to bolster its bottom line.
"I am a little surprised at the timing of this as we got through the weekend and the pretty awful publicity and the attacks on Bob Diamond but I think there has been a discussion on the board that this has started to have a major impact on confidence in Barclays and they want to restore the reputation," Chris Wheeler, bank analyst at Mediobanca, told CNBC.
Bob Diamond, chief executive of Barclays, has pulled out of hosting a London fundraiser for Mitt Romney, the Republican presidential nominee, as the bank faces growing pressure over its role in the price-fixing of lending rates, the Financial Times reports.