Category Archives: Investment

Barclays Chief Operating Officer; Mike Bagguley

As part of restructuring its business, Barclays bank promoted Mike Bagguley to be the chief operating officer of Barclays PLC. He previously worked as the COO of Barclays Investment Bank. And before that, head of macro markets business in Barclays bank. Bagguley’s role comes with a lot of responsibility as he now reports to the investment bank chief. The restructuring had to happen so that the bank could reduce costs of operation and ensure more profits. As part of this strategy, Barclays Bank transferred their assets, weighted according to risk, into non-core assets. The bank also sought out to streamline its operations by reducing 7000 jobs in a period of 3 years. Mike Bagguley’s primary aim is to ensure this strategy is followed through and achieved. Hence the business can deliver services to their clients as expected.

Mike Bagguley is required to be actively involved in the improvement of infrastructure within Barclays. He also assists in the coordination and delivery of the various projects within set timelines. 

When Mike Bagguley was in charge of macro markets from March 2014 to September 2015, he ensured the macro business had been reshaped, which involved, foreign exchange, product commodities, and interest rates. This clearly shows that he is effective in the tasks that he spearheads. Barclays, among other banks, has resulted in a reduction of trading activities and concentrated on other areas with fewer regulations such as advisories and equities.

Crunchbase gives us a sneak peek on information about Mike Baguley’s education, as stated in his profile. He went to the University of Warwick where he attained a Bachelor of Science in Mathematics in 1988. According to the same site, he is also known as Michael Roy Andrew Baguley. He is based in London and joined Barclays in 2001 on the trading desk. Mike Bagguley is skilled at his work, and it’s evident that he is bringing about the much-anticipated changes within Barclays business.

http://investor.marketaxess.com/news-releases/news-release-details/barclays-names-mike-bagguley-chief-operating-officer-investment

Stream Energy’s Vision Involves Charity

Patch recently featured an article on Stream Energy over the last few months. Of course, Stream Energy is interesting; they use a very unusual advertisement and sales platform. But, the Patch article wasn’t about the intricacies of Stream’s business model, instead, the article was about Stream Energy’s work in the charity field. Now, Stream Energy knows charity, the company lives and breathes it. Of course, there are many reasons that companies do this. Sometimes it’s to increase brand loyalty and overall company image and other times it’s to future-proof the company against turmoil. Stream, however, seems to have charity engrained into its DNA. The company is so active, it seems difficult to believe that its all of brand recognition.

Stream Energy has deep roots with some of the most famous charities on the planets, such as Red Cross and Habitat for Humanity. The company is also active with some other famous charities or charitable groups such as Hope. Hope Supply Co and Stream recently partnered to pay for meals for thousands of homeless children and purchase them supplies. Beyond, this Stream has been consistently noted for donating to causes related to homelessness.

Stream also seems to have a close bond with charities relating to veterans. Recently, Stream paid for the meals and transportation of veterans and their families to eat at a nice steak restaurant in Dallas. The next day, Stream took the children of veterans and gave them the “American Doll” experience. The children were taken to the American Girl Cafe to eat. They also got to choose an American Girl doll to top it all off.

Stream was featured in the Patch article for their work during Hurricane Harvey. Stream was one of the first companies to respond to the damage and was deeply integrated into the recovery efforts post-Harvey. Which isn’t surprising, because Stream was also active in the tornadoes that hit the Dallas area a year ago. It’s hard to say that Stream is simply donating to increase their profile. As you can see, the company has been active in every inch of charity in the Dallas area for years. Stream really does seem to have charity as a core component of their companies vision.

https://www.indeed.com/cmp/Stream-Energy