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Yes, after their executive team left. And why did you expect to hear about it? Do you work in financial services? Most of these stories don't appear in newspape
by hogFeast 5y ago
Yes, after their executive team left. And why did you expect to hear about it? Do you work in financial services? Most of these stories don't appear in newspapers because the public isn't that interested in the implementation of financial regulation (in this case though, there was actually an op-ed in the Telegraph from one of the Chairman who was forced out which basically made explicit what they were reported to have said to the BoE).
- LatteLazy 5y agoI do work in FS (actually I'm unemployed at the moment). You're right though, these things are rarely reported so I would expect to hear even as an insider. I'm surprised Barclays were ballsy enough to outright refuse. Normally they just grip ane moan and don't do it and get infinite extensions...