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Two Top Barclays Executives Depart

Wall Street Journal Original article ›

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LyrArc Article Gist
The cleanup at Barclays under new chairman David Walker, following the resignation of CEO Diamond over the LIBOR probe, is continuing. The old CFO Lucas and general counsel Harding departed in Jan. 2013. Hector Sants, who headed Britain's FSA, was hired to run the compliance division at Barclays bank. The poor record of dealing with regulators and the financial management of the departed executives hurt Barclays credibility with regulators. David Walker is one of the widely respected names in British finance, and the efforts to put Barclays on the right path will go a long way to show British finance can restore itself.

Barclays management

09/07/2010

Grouped Articles

Barclays Has Plenty of Hard Yards Ahead

Wall Street Journal 10/04/2013

Barclays's Hector Sants Takes Leave of Absence for Stress

Wall Street Journal 10/16/2013

Barclays Bank Names Diamond Its Chief

New York Times 09/07/2010

Diamond Will Lead Britain's Barclays

Wall Street Journal 09/07/2010

Will Diamond Shine at Top of Barclays?

Wall Street Journal 09/08/2010

'Business as Usual' With Barclays's New Boss

Wall Street Journal 09/08/2010

Barclays performance

08/03/2011

Grouped Articles

Barclays Has Plenty of Hard Yards Ahead

Wall Street Journal 10/04/2013

Barclays's Hector Sants Takes Leave of Absence for Stress

Wall Street Journal 10/16/2013

U.K.'s Barclays Is Failing the Test of Trust

Wall Street Journal 02/11/2014

Investment Banking Bedevils Barclays

Wall Street Journal 02/12/2014

Barclay's To Cut 12,000 Jobs in Face of Steep Losses

New York Times 02/11/2014

Barclays CFO Tushar Morzaria Faces Question of What to Do With Investment Bank

Wall Street Journal 04/15/2014


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