Sunday February 23, 2020

Barclays under pressure to find external CEO successor

Barclays is under pressure to find an external candidate to replace its chief executive but the current favourite is still an insider.

3rd July, 2012
Analysts are pressing Barclays to look outside for a replacement chief executive.

Barclays is under pressure to find an external candidate to distance the bank from chief executive Robert Diamond, who quit after the lender was fined for rigging Libor rates. But that has not stopped bookmaker Paddy Power installing Barclays head of global retail banking Anthony Jenkins as the evens favourite to replace his former boss.

Analysts are pressing Barclays to look outside for a replacement to the banker who created its investment-banking operation before becoming...

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