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Scandal-hit Barclays axes chief executive Antony Jenkins

Thursday, July 9, 2015 - 05:50
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Mr Jenkins has left Barclays with immediate effect, a spokesman has confirmed. Under him, the British bank slashed more than 19,000 jobs, but the group has struggled to recover from the Libor fallout.

London

TROUBLED British bank Barclays, plagued by forex and Libor (London Interbank Offered Rate) rigging scandals, announced on Wednesday that it has fired chief executive Antony Jenkins with immediate effect.

Barclays management has "concluded that new leadership is required" to