Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Bank charges: Barclays to focus on new culture

Barclays bank are to focus on creating the right culture in their organisation in the future, following the payment protection insurance scandals and Libor rigging that blighted the sector.

Speaking at the Annual General Meeting (AGM),  chairman Sir David Walker declared there needed to be a change to increase consumer confidence.

"Changing Barclays' culture is critical if we are to rebuild trust," he said. "We started work with the launch in January this year of our new Purpose and Values."

Barclays has defined its purpose as helping people achieve their ambitions, based on core values of respect, integrity, service, excellence and stewardship.

Sir David stressed that this will take time but the bank is already making important progress.

This includes fundamentally changing remuneration structures to ensure they reflect how results are delivered, in addition to just their existence.

Removing all sales commission for branch-based staff with performance has been the first part of this.

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.ADNFCR-2776-ID-801577591-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide