Bob Diamond

Chris Ratcliffe/Bloomberg

Bob Diamond

CEO, Barclays Capital
U.S./Britain

Barclays (BCS) dodged the worst of the Great Recession, and the British bank even scooped up the U.S. operations of bankrupt Lehman Brothers in 2008 at a rock-bottom price. American Bob Diamond, the head of Barclays Capital, the British bank's investment arm, is a vocal opponent of U.S. plans to clamp down on proprietary trading by financial institutions. He told an audience at Davos the proposed legislation could hinder the global recovery by removing liquidity from financial markets. He's also miffed at Britain's plan to tax banker bonuses at 50%, but told Bloomberg TV at Davos that he doubts major global banks would consider relocating from the strong financial centers of New York and London for tax reasons alone.