Scandal-hit Barclays Bank fires chief executive Antony Jenkins

The bank's management has "concluded that new leadership is required" to continue an overhaul of the beleaguered group. (Photo courtesy: Barclays)

Troubled British bank Barclays, mired in the forex and Libor rigging scandals, announced Wednesday that it has fired chief executive Antony Jenkins.

The bank's management has "concluded that new leadership is required" to continue an overhaul of the beleaguered group, while "a new set of skills were required for the period ahead", it said in a statement on the surprise decision.

 

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Last Update: Wednesday, 20 May 2020 KSA 14:12 - GMT 11:12
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