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Antony Jenkins named new Barclays CEO

Barclays bank has named its retail and business banking boss, Antony Jenkins as its new chief executive.

The appointment of Mr Jenkins comes a day after Barclays said the British Serious Fraud Office was investigating payments made between Barclays and its Middle East investors Qatar Holding - part of sovereign wealth fund Qatar Investment Authority.

Mr Jenkins takes on the post with immediate effect and succeeds former chief executive Bob Diamond, who quit in the wake of its interbank rate rigging scandal.

Chairman Marcus Aegis - who is also leaving the bank - has been acting as interim CEO.

Mr Jenkins said he was "very proud to have been asked to lead Barclays". and felt he had an opportunity to restore its reputation by making it the "go to" bank for customers.

He said the bank had made serious mistakes in the past but now had a unique opportunity to restore its reputation by making it the "go to" bank for customers in its various markets.