14.FEB.2013Banking on Barclays
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Banks have taken lots of flak over the last couple of years, for the size of their bonuses, for the products they sold, for the risks that they took. Yet despite all the criticism, we have seen very little by way of proactive, public response from the financial sector.
This week, Antony Jenkins, the CEO of Barclays, said that he wanted his bank to change, to be more focused on the long-term and to meeting society's needs. And he set out his strategic review and the first set of steps to take Barclays in the new direction.
So, what does this add up to?
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