The move came less than three months after John McFarlane replaced Sir David Walker as Barclays’ chairman, and reflected the impatience of Barclays directors at the pace of the bank’s transformation. “We are cumbersome”.
United States stocks fell on Monday, taking their cue from a downbeat session in Europe, while government bond prices rose, following Greek voters’ overwhelming rejection of the country’s latest bailout terms.
France, he said, is listening to those countries that accept the idea of a Greek exit from the euro but that it’s important for his country “to facilitate, and above all keep a broad perspective” on the fact that the idea of European unity is also at stake.
Foreign exchange traders at Barclays were in the office from Sunday afternoon to follow developments, and research and sales staff were monitoring the Greek referendum over the weekend, a spokesman for the bank said.