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Wednesday 13 August 2014

CANDIDATES EMERGE FOR BARCLAYS TOP JOB

An airport supremo and the former boss of the group behind the Financial Times are in the running to become the newchairman of Barclays, it has emerged.
Davies is heading up the Government’s review of UK airport capacity and has also been a deputy governor of the Bank of England and chief of the Confederation of British Industry.
Fairhead spent seven years as chief executive of the FT, part of publishing group Pearson, and is also a non-executive director of rival banking group HSBC. Barclays is seeking a new chairman to replace Sir David Walker, who succeeded Marcus Agius a couple of years ago when he left following the outcry over Libor rate-rigging allegations.
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