Daily News: April 24, 2015

Barclays’ New Chairman Vows to Speed Restructuring

The Wall Street Journal reported Barclays PLC’s new chairman, John McFarlane, reportedly vowed to speed up the U.K. bank’s restructuring and improve returns.

According to the Journal McFarlane, who took over from outgoing chair David Walker, said the bank had to resolve a number of legal problems hanging over the lender and weed out unprofitable business units.

To read the entire Journal article, click here.