Mike Bagguley: Barclays’ new Investment Bank COO

Barclays on 17 November 2015, promoted Mike Bagguley who was formerly the head of macro products to be the chief operating officer of their investment bank. He replaced Justice Bull who stopped working at the bank earlier in the year. Bagguley went to the University of Warwick and specialized in mathematics. He started to work at Barclays in 2001. He has also had significant roles in London, Tokyo, Johannesburg and New York.

Mike Bagguley who had worked for 14 years in Barclays before the promotion would take up the role of accelerating the delivery of the bank’s overhaul from the previous year. The last year’s strategy, which was made public in May 2014, saw Barclays transfer 90 billion euros in the form of risk-weighted assets into a single unit. The bank also reorganized its primary banking operations and began a 3-year plan to reduce up to 7000 jobs, which was almost a quarter of the bank’s employees.

Bagguley became the head of macro products in 2014 after the department was formed as part of the overhaul. The division was aimed at bringing together distribution and trading across credit, rates, commodities, and foreign exchange in an attempt to reorganize the bank’s operations. In his role, he was to align the bank’s infrastructural functions and assist in coordinating and delivering the investment bank’s projects. During his time, he helped the bank to achieve almost all its strategic goals.

In an internal memo, King suggested that the bank’s strategic choices from the previous year could be validated from their recent third-quarter results. He also said that there was still more to be done to achieve the bank’s goal. He considered Mike’s appointment as a great contributor to the progress the bank had made so far. He went on to say that his appointment would help to quickly deliver to their clients and have excellent potential for the business. From 2015 to date, Barclays continues to post improved FICC revenues under Mike’s leadership. His former position at Barclays was given to Rob Bogucki and Nat Tyce.

https://uk.reuters.com/article/uk-barclays-investmentbank-coo/barclays-picks-new-chief-operating-officer-for-investment-bank-idUKKCN0T60SU20151117

Betsy DeVos Has Created Even More Opportunities

There are many opportunities for children who are in poverty situations now. In the past, these children had to rely on a less than great public school system that sometimes overlooked their educational needs for the better of the entire institution but it is something that has changed thanks to Betsy DeVos. She came from a background of a great educational system and she knew that providing that to children who didn’t have many educational opportunities for themselves would be a great way to help them get everything that they needed out of different situations. She wanted to show families that they would be able to do more with what they had and that their children did not have to be stuck with public schools, teachers who don’t care and the need to just pass the class so that they could move onto the next one. She knew that they would be able to be more successful if they had more support.

The only way out of poverty is to make things better. The only way to make a better life is through a great education. Betsy DeVos knew this and wanted to make sure that she was helping people get out of situations that were filled with struggles and involved a lot of poverty problems. She wanted children to know that they didn’t have to rely on a system that wasn’t going to work for them and she fought for the rights of children around the country so that they would be able to get more out of the things that they were doing. Read her interview with Philantrophy Table.

As for the way that she did this, she worked to create voucher programs. Families that were poor and wanted a better education for their children were able to use these vouchers. They could give them to private schools and then they would be able to get the best education possible. It was something that they were comfortable with because of all of the options that were provided through the private school system. Betsy DeVos made sure that she was giving people all of the options that they needed no matter what they could afford with this program.

The way that the program worked helped people to make sure that they were getting all of the options that they needed to make things better. It was a great way for her to help children. She also created the idea behind charter schools so that she could help even more children. Those who could not attend private schools because of transportation or some other issue would be able to take advantage of the charter school options that were now available to them for free from the public system.

Visit: http://www.dbdvfoundation.org/

Josh Verne: How to Get Out Out of Your Own Way and Succeed in Life and Business

On knowledge for men’s website, Josh Verne is featured on his experience on how to succeed in life and business. He mentions that a person’s biggest obstacle can be oneself; himself included. It started with being the underdog, feeling as if life and the obstacles around are stacked against you.

You have to know who you are and how you operate. The question trapped inside the underdog’s mind is how do I get myself out of this trap, answer is finding a new perspective that helps avoid failure. One of the few things that Josh Verne mentions is “take the advice from people, just take it, but remember who you are and put all those pieces together”. Just because one person started a business one way doesn’t mean you can do the exact same thing; your journey isn’t meant to take that path. Your life, your journey, your path will take you where you need to but be willing to “pivot” when necessary.

He elaborates on if you hold yourself back because you are not only holding yourself back, but you will also hold others back. He mentions a business isn’t just a boss and its workers, but a team, a family. Josh Verne talks about being a leader and not being a boss. He recalls a time where his assistant, that he has had alongside him and his business for close to 20 years, came to him when they were beginning in the business world for help, for advice, and he told her that she needed to figure it out on her own.

With that, she did, but she expressed to him that it would have been more helpful if he could have given her actual help. Josh realized that a part of being successful is your team helps you grow, they are your support mechanism, so you have to engage yourself in that team.
Currently, Josh Verne is on his third business FlockU. It is an online platform for college life. It’s a place where students can go to “be free” in a sense. For a short time before FlockU, he owned an e-Commerce platform.

According to Bloomberg.com, his first business was a furniture store from his hometown of Philadelphia, PA. He stayed with this company for close to 20 years. The business started out as a small furniture store, then expanded to a wholesale distributor, and eventually grew into an international furniture store that made itself available throughout the US.

He mentioned briefly that is married and has two young girls. He was questioned, with where he is now in life and in business if he had the opportunity where would he take his family.

Find Josh Verne on Crunchbase to learn more.