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    • SIA CEO: LCCs Not a Threat  24 Nov 2009

        Although low-cost carriers have impacted SIA's airfare pricing, the company has managed to maintain its position in the market, says its CEO, Chew Choon Seng. He tells CNBC's Maria Bartiromo more, in this exclusive interview.

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        Singapore Airlines' earnings have taken a hit from the global downturn but its CEO, Chew Choon Seng, has started to see a definite recovery in air travel, particularly in the corporate sector. He speaks exclusively to CNBC's Maria Bartiromo.

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Current DateTime: 03:04:26 25 Nov 2009
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Barclays’ Business On The Green
Published: Thursday, 27 Aug 2009 | 1:34 PM ET
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By: Lulu Chiang
Senior Field Producer

It’s that time of year again, when Barclays kicks off its annual tournament on the green. And while golf was the ‘topic du jour’ at the Liberty National Golf Course in New Jersey… business remained on the minds of both Barclays [CTX  Loading...      ()   ] President Bob Diamond and Pro Golfer Phil Mickelson.

Maria Bartiromo kicked off the conversation with Diamond asking about the quickly approaching 1-year anniversary of Lehman’s bankruptcy and how it created opportunities for the firm. Diamond said ‘the acquisition of Lehman assets has been absolutely transformational.’ He said they have a deep client franchise in the US that they didn’t have before. Diamond also said the firm’s equities business and advisory unit is very strong.

Diamond also told Bartiromo the reappointment of Fed Chairman Ben Bernanke was essentially a ‘hole in one.’ Diamond said it was ‘a strong, bold decision by President Obama.’ He also believes it took uncertainty out of the market.

When asked about commercial real estate, Diamond said ‘businesses are more strategic than they’ve ever been before.’ Diamond says the business environment is actually quite positive.

As for Diamond’s golf game, well…Phil Mickelson had a few comments. Mickelson told Bartiromo that Diamond ‘had some good shots, hit some birdies…and they only lost by two shots.’

Either way, Barclays’ business ‘on the green’ and ‘off the green’ seems to be in good form.

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