Tag: Barclays

Board moves: Sir Ian Cheshire to step down as chair of Barclays Bank UK
Sir Ian will be replaced by Crawford Gillies from 1 January, but will remain on the Barclays board until the AGM in May.

Quarter of FTSE 100 companies cut executive pay
Covid-19 crisis sees renewed emphasis from investors on alignment between executive pay and wider workforce remuneration.

Board moves at Speedy Hire; Barclays; and BTG
Speedy Hire gets a new chairman; and BTG’s new remuneration committee chair will have interesting discussions ahead, as a tranche of shareholders vote against recent remuneration policy.

Executives warned of action using senior managers regime
Prudential Regulatory Authority warns it will act using the senior managers’ regime where executive behaviour is found to be wanting.

Barclays International reveals its gender pay gap of 48%
Barclays reveals the challenge facing financial services on equal pay by disclosing that on average women are paid almost half as much as men at the bank.

Diageo tops rankings in IoD’s good governance report
The Institute of Directors’ annual ranking of listed UK companies for their good governance sees distiller lead the way.

Investigation into PwC’s client asset reporting at Barclays closes
Accounting’s watchdog ends investigation into PwC’s audit work at Barclays, deciding there is “not a realistic prospect” of an adverse finding.

Barclays CEO’s whistleblower hunt ‘completely inexcusable’
Former head of investigations at Barclays condemns attempts by chief executive Jes Staley to uncover the identity of a whistleblower.

SFO brings fraud charges against Barclays and former executives
The Serious Fraud Office has brought conspiracy to commit fraud charges against Barclays and four former executives, including the former CEO John Varley.

Barclays’ CEO risks shareholder backlash over whistleblowing scandal
Proxy advisers have proposed that shareholders abstain from voting on the reappointment of Barclays’ chief executive Jes Staley, following his attempt to uncover the identity of a whistleblower.