What next for Britain’s biggest bank?

With the City winning a major victory, the corridors of next week’s banking conference will doubtless be filled with conversations about the Treasury’s U-turn on applying guilt to senior managers, as well as amendments to ring-fencing rules. There will also be much discussion on the appointment of Barclays’ new chief executive, Jes Staley, a 34-year veteran of JPMorgan. So, will the Barclays shift its focus back to investment banking, as it did under Bob Diamond? After HSBC ordered contract workers to take a 10 per cent pay cut and two weeks unpaid leave, what next for Britain’s biggest bank? Katherine Griffiths, The Times banking editor, discusses the banking sector. Alongside her, Philip Aldrick, The Times economics editor, analyses the Bank of England. Who is guarding the guardians? A question that will no doubt be put to George Osborne next week when he appears in front of the Treasury select committee to discuss the Bank of England bill. Does the Bank have too much power? Finally, Deirdre Hipwell...

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