Finally, he will provide the incremental senior leadership capacity to coordinate and deliver projects across the onvestment bank, front-to-back, that further accelerate our strategy in specific areas.” Barclays has promoted Mike Bagguley to the position of COO , who comes with a reputation for cutting costs ; he has already shaken up the bank 's currency , markets and rates business as head of finance by cutting as many as 20 % of the staff in some areas and cutting back the amount of capital consumed by the bank .
Barclays has promoted Mike Bagguley to the position of COO , who comes with a reputation for cutting costs ; he has already shaken up the bank 's currency , markets and rates business as head of finance by cutting as many as 20 % of the staff in some areas and cutting back the amount of capital consumed by the bank .