Barclays boss 'shredding' legacy

Barclays boss Antony Jenkins said he was "shredding" the legacy left by his predecessor Bob Diamond as he confirmed bonuses will be slashed following another £1 billion provision to cover mis-selling scandals.

Mr Jenkins, who took over as chief executive in August, told MPs he repeatedly raised concerns with the board and Mr Diamond over the culture at the bank and that "actions" were needed rather than words.
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