BARCLAYS chief executive Antony Jenkins has vowed there is "no going back to the old way of doing things" as he unveiled a reform plan that will see the bank cut 3700 jobs.
Scandal-hit banking giant Barclays today said it was axing at least 3,700 jobs under a strategic overhaul, but revealed it was paying £1.85 billion in bonuses to staff.
BARCLAYS has promoted its retail banking head, Antony Jenkins, to chief executive, with a potential £8.8 million pay package in a move analysts think could lead to less emphasis on its controversial investment banking arm.