Barclays fires chief executive Antony Jenkins

UK bank's board decided he did not have the right skills to turn the lender around quickly

Barclays fires chief executive Antony Jenkins

Barclays chief executive Antony Jenkins was ousted from the bank on Wednesday after its board decided he didn’t have the right skills to turn the lender around quickly.

Barclays said its non-executive directors wanted a new leader to change the bank's strategy more quickly, and that chairman John McFarlane would serve as executive chairman until a replacement is found.

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