Wednesday, 11 February 2009

Interview: Barclays CEO John Varley

Link to the article at Channel 4

Last Modified: 09 Feb 2009
By: Faisal Islam

Barclays group chief executive John Varley talks to Faisal Islam about the decision for executive directors not to be paid bonuses for 2008.

He called for "adjustments" to be made to "compensation structures in the industry", stating that "willingness to take risks was definitely fuelled by the banks".