1. Barclays shares welcome news City grandee David Walker will become chairman

    Analysts say Walker is best man to restore Barclays' reputation after libor scandal The City has welcomed news that one of its own it to become the new chairman of Barclays in the wake of the bank's involvement in the libor scandal. Sir David Walker, a former Morgan Stanley executive, Bank of England and Treasury official and the author of a key report on the banking system, was named on ...

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