Barclays Appoints Ex-BOE Official David Walker as Chairman
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Barclays Plc, the British bank fined a record for interest-rate manipulation named former Bank of England executive director David Walker as chairman, its first move to replace leaders ousted in wake of the Libor scandal.
He will start on Nov. 1 and succeed Marcus Agius, the lender said yesterday in a statement. Walker, 72, is a senior adviser to Morgan Stanley and oversaw a review of the banking industry for former Prime Minister Gordon Brown.