Barclays’ Strategic Review: Antony Jenkins’ New Legacy
By Lianna Brinded | February 12, 2013 10:49 PM EST
Barclays is slashing nearly 4,000 jobs as part of a multi-billion pound cost-cutting transformation led by new chief executive Antony Jenkins.
Although, full-year earnings tumbled amid mis-selling and rate-setting scandals to £246m ($384m; €287m), from £5.879bn in the 2011, Barclays shares surged.
Since Jenkins took office, he has vehemently declared to the public, politicians and his shareholders that he will transform the bank's reputation and culture and strengthen oversight, supervision and controls in order to prevent a spate of scandals from happening again.
For the special live blog and commentary of Barclays' Strategic Review, click here.
To report problems or to leave feedback about this article, e-mail:
To contact the editor, e-mail:
Most Popular Slideshows
Join the Conversation
- NATO: Russia's Been Conducting Too Many Military Flights Over Europe
- Nokia Lumia 730 v. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Apple iPhone 6 Plus vs Motorola Droid Turbo: Comparsion On Processor, Software And Battery
- Moto X 2014 vs. Motorola DROID Turbo - Specifications, Features And Price Showdown
- Australia Special Forces Await 'Delayed' Iraqi Visas Before Joining ISIS Fight
- ISIS Has Been Equipped With Advanced Anti-Aircraft Missiles
- Samsung Galaxy Note 4 vs Motorola Droid Turbo – S-Pen Is Note’s 4 USP But Droid Turbo Can Outshine With Larger Battery