Officially, Karen Frank resigned last week as CEO of Barclays Private Bank in what was called a “personal decision”.
Unofficially, this talented banking leader may have been pushed out for reasons that remain a mystery—at least for now. But keep perusing, dear reader.
The City rumour mills – or, nowadays, the Zoom screens – have come up with plenty of explanations for her exit, some more plausible than others.
The first canard can be discarded. Barclays is not preparing the way, with a raft of new management, for some type of reversal of that fateful ring-fencing decision three years ago to separate ...
