|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
Monday 27th of July 2009
July 19, 2009

Top Barclays executive to depart


by Kay Murchie
”Top

Roger Jenkins, who is rumoured to be one of Barclays’ highest paid employees, is understood to be leaving the bank to set up a consultancy firm, according to The Telegraph.

The top executive, who earned tens of millions of pounds a year, is expected to continue advising Barclays.

Unlike its rivals, Barclays has so far avoided financial help from the Government, opting to go it alone last year by raising billions of pounds from investors in the Middle East.

Mr Jenkins joined the bank in the late 1970s and he and his wife, Dijana, are regarded as one of the City’s most glamorous couples.

In related news, a recent report commissioned by the Government has suggested that bank bonuses should come under stricter control and that better training should be required for non-executive directors.

The Walker Review, led by Sir David Walker, has called for greater transparency in the banking sector for the salaries of higher earners and enhanced shareholder involvement.

In compiling his report, Sir David consulted with investors, experts in regulation and banking, and the banks themselves.

Prime Minister Gordon Brown added that his Government would be introducing new rules on pay and bonuses.

Discuss this in the Finance Markets forums

Story link: Top Barclays executive to depart


Add to Bookmarks:

ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL

 

Tags: , , , , , top, Walker Review

 

Previous: « BCC: SMEs ’vulnerable’ to swine flu
Next: Nissan announces plans to create 350 new jobs »

Visited 453 times, 10 so far today

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment