Barclays Chief Understands Not Everyone At The Bank Will Be Comfortable Complying With New Company Policy That Dictates They Follow The Law

From Dealbreaker
January 17, 2013 - 1:26pm

Earlier today, Barclays chief Anthony Jenkins sent out a memo to employees informing them that moving forward, there’d be a new way of doing things ’round the bank. Namely, that whereas during his predecessor’s tenure, manipulating interest rates and engaging in other forms of criminal activity was acceptable, such things would no longer fly. And not in a “this sort of thing is now frowned upon” way but in a “you actually can’t do this anymore/if that presents a problem for you than clean out your desk and leave” way. Aware that change can be very difficult, that it often causes great anxiety, and that many will be initially resistant, Jenkins chose to take 1,479 words to get his message, taking the time to acknowledge not everyone will be comfortable with acting “fairly, ethically and honestly,” rather than writing: “Hey...


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