Barclays CEO Jenkins Tells Workers to Follow New Rules or Leave

Lock
This article is for subscribers only.

Barclays Plc Chief Executive Officer Antony Jenkins told employees he expects them to stick to his new rules on ethics or quit as he seeks to steer the bank from scandals that forced out his predecessor.

In a letter to employees today, Jenkins said senior bankers will be judged against the new values starting this summer and all staff within the next year. The letter was seen by Bloomberg and confirmed by officials at the U.K.’s second-largest bank by assets.