2-Jan-14
Anthony Jenkins, chief executive of Barclays Bank, has said that the bank may take about ten years to regain customer trust after a series of scandals affecting its reputation.
Jenkins took over Barclays in August, has said he is trying to change the culture in the bank to achieve long-term sustainable development. Jenkins said earlier, these historical issues will arise, banks will have to deal with them. He also said that Barclays Bank is the process of changing the culture.
He said the bank on track to change its culture, but it may take longer. Jenkins during the year in an effort to change something in the bank, in order to address the impact of its relationship with the government and between the customer problems. He said in a radio program, said: "There is no bank that you can not have a vibrant dynamic economies."
Meanwhile, the Financial Industry Regulatory Authority (FINRA) has introduced a new £ 2.3 million fine after the discovery, the British bank did not save orders, trade confirmations, account records and other information.
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