Diamond geezer: Rumours are circulating that Bob Diamond, managing director of Barclays Capital (the bit that's left of Barclays Bank's once mighty investment bank, BZW), is being sought by Deutsche Bank to head up its investment banking business when it finally agrees the merger with Bankers Trust. Diamond, an American who is thought of highly in the City, particularly by himself, shares with Deutsche Bank a penchant for Russian debt. Barclays Capital lost millions in the Russian securities market. The pair should be an ideal match, provided they don't go east of Poland. Jerry Del Missier, Barclays Capital's managing director of derivatives, is likely to take Diamond's place.
Football wallies: The abrupt departure of the Football Association's commercial team could lead to the demise of the eagerly awaited Premier League Awards Ceremony. This heavily sponsored shindig, which had been due to take place on the night of the FA Cup Final, promised to be football's equivalent of the Oscars. The BBC had been planning to broadcast the event, with Des Lynam as the host. Now it appears the celebrations might be cancelled, although the FA refuses to confirm its decision. If the show is still on, it promises to be an orgy of bad taste. Will Robbie Fowler sit next to Graeme Le Saux, and how will he celebrate if he wins an award? Will Manchester United's players be wearing a special away strip, complete with pinstripes and dodgy collars? We may never know.Reuse content