The Bank That Lived a Little

Barclays in the Age of the Very Free Market

Business & Finance, Finance & Investing, Banks & Banking, Business Reference, Corporate History, Industries & Professions, Industries
Cover of the book The Bank That Lived a Little by Philip Augar, Penguin Books Ltd
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Philip Augar ISBN: 9780241335987
Publisher: Penguin Books Ltd Publication: July 5, 2018
Imprint: Penguin Language: English
Author: Philip Augar
ISBN: 9780241335987
Publisher: Penguin Books Ltd
Publication: July 5, 2018
Imprint: Penguin
Language: English

Based on unparalleled access to those involved, and told with compelling pace and drama, The Bank that Lived a Little describes three decades of boardroom intrigue at one of Britain's biggest financial institutions. In a tale of feuds, grandiose dreams and a struggle for supremacy between rival strategies and their adherents, Philip Augar gives a riveting account of Barclays' journey from an old Quaker bank to a full-throttle capitalist machine. The disagreement between those ambitious for Barclays to join the top table of global banks, and those preferring a smaller domestic role more in keeping with the bank's traditions, cost three chief executives their jobs and continues to divide opinion within Barclays, the City and beyond.

This is an extraordinary corporate thriller, which among much else describes how Barclays came to buy Lehman Brothers for a bargain price in 2008, why it was so keen to avoid taking government funding during the financial crisis, and the price shareholders have paid for a decade of barely controlled ambition. But Augar also shows how Barclays' experiences are a paradigm for Britain's social and economic life over thirty years, which saw the City move from the edge of the economy to its very centre. These decades created unprecedented prosperity for a tiny number, and made the reputations of governments and individuals but then left many of them in tatters.

The leveraged society, the winner-takes-all mentality and our present era of austerity can all be traced to the influence of banks such as Barclays. Augar's book tells this rollercoaster story from the perspective of many of its participants - and also of those affected by the grip they came to have on Britain.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Based on unparalleled access to those involved, and told with compelling pace and drama, The Bank that Lived a Little describes three decades of boardroom intrigue at one of Britain's biggest financial institutions. In a tale of feuds, grandiose dreams and a struggle for supremacy between rival strategies and their adherents, Philip Augar gives a riveting account of Barclays' journey from an old Quaker bank to a full-throttle capitalist machine. The disagreement between those ambitious for Barclays to join the top table of global banks, and those preferring a smaller domestic role more in keeping with the bank's traditions, cost three chief executives their jobs and continues to divide opinion within Barclays, the City and beyond.

This is an extraordinary corporate thriller, which among much else describes how Barclays came to buy Lehman Brothers for a bargain price in 2008, why it was so keen to avoid taking government funding during the financial crisis, and the price shareholders have paid for a decade of barely controlled ambition. But Augar also shows how Barclays' experiences are a paradigm for Britain's social and economic life over thirty years, which saw the City move from the edge of the economy to its very centre. These decades created unprecedented prosperity for a tiny number, and made the reputations of governments and individuals but then left many of them in tatters.

The leveraged society, the winner-takes-all mentality and our present era of austerity can all be traced to the influence of banks such as Barclays. Augar's book tells this rollercoaster story from the perspective of many of its participants - and also of those affected by the grip they came to have on Britain.

More books from Penguin Books Ltd

Cover of the book Further Adventures of the Family from One End Street by Philip Augar
Cover of the book Robinson Crusoe by Philip Augar
Cover of the book Force of Nature by Philip Augar
Cover of the book Girl Heart Boy: Girls' Night In (short story ebook 1) by Philip Augar
Cover of the book Bliss by Philip Augar
Cover of the book Sushi at Home by Philip Augar
Cover of the book Bye Beautiful by Philip Augar
Cover of the book Skylanders Mask of Power: Spyro versus the Mega Monsters by Philip Augar
Cover of the book Pigs in Planes: The Shark Bites Back by Philip Augar
Cover of the book The Song of Roland by Philip Augar
Cover of the book Revolting Rhymers: Competition Winners by Philip Augar
Cover of the book Sweet Poison by Philip Augar
Cover of the book Never Give Up by Philip Augar
Cover of the book Trilby by Philip Augar
Cover of the book The Puffin Book of Christmas Stories by Philip Augar
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy