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Barclays Names David Walker as New Chairman

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  • Description

    FBN’s Robert Gray with news that Barclays has named its new chairman, plus an afternoon market update.

  • Duration 0:57
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I'm Robert -- with your Fox Business brief.

Barclays has named David Walker as its new chairman -- a long time British banker and former Bank of England deputy governor.

Walker replaces mark -- -- -- who resigned following the Libor scandal.

Shares of E*Trade are on the rise today after the company fired its chief executive the company ousted -- in Freiburg just two years into a four year contract.

The online brokerage -- declining trading by customers -- face charges for his replacement chairman Frank -- -- we'll service Enron CEO.

And -- trade deficit in June fell to its lowest level in a year and a half thanks to a steep drop in the cost of importing oil and a small rise in exports.

42 point 92 billion dollar deficit was much lower than economists expected.

That is the latest from the Fox Business Network giving you them power to prosper.