Barclays like 'Boeing 747 with three broken engines'

Analyst Ralph Silva told ITV News that Barclays was is the "most stressful position" it had ever been in and likened the task facing new CEO Antony Jenkins as "coming into a 747 with three engines that are broken" (a Boeing 747 usually has four engines).

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SFO inquiry for new Barclays CEO

Barclays has named the head of its retail division Antony Jenkins as its new chief executive to replace Bob Diamond. Its shares have fallen 1% after the Serious Fraud Office launched an investigation into an investment made by Qatari businessmen.