Robert Edward "Bob" Diamond, Jr. (born Springfield, Massachusetts, July 27, 1951) is an American banker who is currently President of Barclays plc, CEO of Barclays Capital, and member of Board of Management of the second largest British-based banking group. He is one of the world's highest paid bankers.
One of seven children, Diamond was raised in Concord, Massachusetts. He was selected as an All-State Linebacker. He attended Colby College, majoring in Economics and pledging the Phi Delta Theta Fraternity, and got his MBA from the University of Connecticut Business School, graduating first in his class. He worked for Morgan Stanley in New York before taking a job as head of the government bond division in London. In 1992 he was appointed head of Asian operations by Credit Suisse First Boston and moved, with his family, to Japan, and subsequently to Greenwich, Connecticut.
In 1997, Diamond once again moved to London with his family after he was offered the position of Chief Executive at Barclays de Zoete Wedd (BZW), soon to be rebranded Barclays Capital. He joined the bank's board on June 1, 2005, as executive director and President of Barclays PLC.[1]
Since joining Barclays he has also taken control of the bank's wealth management (Barclays Wealth) and fund management (Barclays Global Investors) divisions. Subsequent to the 2008 financial crisis, there has been controversy over Diamond's pay as one of the world's highest-earning bankers, collecting a package worth up to £27m in 2006, £36m in 2007 (approx. $70m USD), and holding Barclays shares worth £65m.[2]
He is now a board member of both Colby College and the American School in London, as well as Chairman of the Board of the Old Vic Theatre in London. He has three children.
He is also an avid sports fan, supporting the Red Sox in Baseball, Chelsea in English Football, the Patriots in American Football, and the Celtics in Basketball.
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