Barclays appoints leader of professional services firm to drive culture change

Bring yourself 2 work

Writing for Management Today Michael Northcott has just announced that “the spread eagle has hired one of the City’s biggest legal figures to conduct an internal review of the bank’s culture and practices.”

Clearly the Libor and leadership scandal has hit Barclays the hardest so far and now, to try to put this particularly persistent  debacle to bed, the bank has brought in what they are calling an expert to lead an ‘independent business practices review’.

Anthony Salz, a corporate lawyer who has been with one of the world’s largest law firms, Freshfields Bruckhaus Deringe for more than 30 years and for the last 10 was the firm’s senior partner and now vice-chairman at Rothschild, will lead the review. Apparently he will be supported by what is being called ” a team of dedicated staff “ and “will have a professional services firm behind him”.

I’m not sure how…

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