Amanda Staveley v Barclays: a financial defeat but a PR victory | Barclays | The Guardian
When Roger Jenkins hotfooted it out of one crunch meeting in his Mayfair home in the autumn of 2008 – and straight round the corner to another at the Dorchester hotel – Barclays’ then chairman of investment banking could hardly have imagined that the minutiae of those encounters would linger in anybody’s memory for long.
The purpose and potential consequences of the meetings could not have appeared more simple and pressing, as the financial world was in a midst of genuine crisis that had just caused the collapse of Lehman Brothers on Wall Street.
Either Jenkins’ efforts would help secure emergency funding to save Barclays and allow him and his colleagues to get back to the business of making money. Or his sales patter would fail and the bank – plus the £39m annual pay and bonuses he had enjoyed for the previous three years – were history.
But, in the end, reality proved less binary.
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