7th Dec 2016 14:07
LONDON (Alliance News) - Barclays PLC is understood to have lined up Ian Cheshire to chair its new ring-fenced UK retail banking operation.
Cheshire, who is chairman of department store operator Debenhams PLC and the former chief executive of DIY retailer Kingfisher PLC, has been identified as the bank's top target to take the role, Sky said, citing "insiders".
The sources told Sky Barclays has submitted an application to the UK's Prudential Regulation Authority in connection with the prospective appointment.
http://news.sky.com/story/barclays-lines-up-debenhams-chairman-cheshire-to-head-uk-bank-10686503
By Sam Unsted; [email protected]; @SamUAtAlliance
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