A top lawyer-turned-investment banker is to lead a far-reaching review into the culture at Barclays in the wake of the rate-rigging scandal.
Anthony Salz, a former corporate lawyer said the Libor-fixing affair gave Barclays the opportunity to "drive a change in its values and practices".
Mr Salz now sits as executive vice chairman at financial advisory group Rothschild.
Barclays announced plans to launch an independent review into its business practices after its was fined £290m by UK and US regulators for manipulating Libor, the interbank lending rate that affects mortgages and loans.
The scandal ultimately led to the resignation of chief executive Bob Diamond and sparked a fierce debate in Westminster over ethics in the banking industry.
