Barclays Plc has named two new non-executive directors as new bosses attempt to put a series of scandals behind the British bank.
The board was criticized last year for being too indulgent with management and failing to spot the risks from a free-wheeling, risk-taking culture under former Chief Executive, Bob Diamond.
Alison Carnwath quit as head of its remuneration committee in July and said later that she had clashed with the board over Mr. Diamond's bonus.
Chairperson David Walker and CEO Antony Jenkins were picked the following month after Barclays was fined 450 million dollars for manipulating Libor interest rates.
Source: radioxyzonline
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