Scrutineer: Agius Appointment Adds Sparkle to Varley's Former Colourless Image

The Scotsman › September 02, 2006

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Summary

THE news that one of the City's leading lights, Marcus Agius, is to become chairman of Barclays is emphatic confirmation of the radical changes being pushed through at the bank by chief executive John Varley.

Agius is currently UK head of Lazards, with a wealth of knowledge of investment banking and fund management, two of Barclays' most flourishing business operations in recent years.

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Extract

Scrutineer: Agius Appointment Adds Sparkle to Varley's Former Colourless Image

Barclays Capital is the successful debt-focused investment bank, remnants of the former more widely-focused BZW subsidiary, and it is tempting to wonder whether Agius's appointment may foreshadow an expansion of the Barclays Capital business ba...

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