Barclays Plc Chief Executive Officer Antony Jenkins

Barclays Plc Chief Executive Officer Antony Jenkins

Chris Ratcliffe/Bloomberg

Shunning the firm’s offices in London’s Canary Wharf his predecessor Robert Diamond and his team used for presentations, Barclays Plc Chief Executive Officer Antony Jenkins stood alone at the Royal Horticultural Halls in London’s Westminster district yesterday and pledged to save 1.7 billion pounds in annual expenses in 2015, cut 3,700 jobs and reduce costs to about 55 percent of income from 64 percent.