Summary


MARCUS AGIUS was known as a clever chap in the City long before he arrived as Barclays chairman. Now, though, in the bars and restaurants, he has acquired cult status.

If the merger with ABN Amro goes through, Agius, who has been at Barclays only a matter of months, will step aside in favour of a Dutch chair. Not only should he receive compensation for his sacrifice but doubtless he can expect another top job to land shortly. Genius.

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Extract


Cityspy

DISMAY at the news that Barclays will move its headquarters to Amsterdam under the deal was not confined to the group's palatial new premises at Canary Wharf. L...

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