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Ex-Barclays man rapped for 'cover-up'

By Staff Reporter

Published 15/09/2016

A former Barclays' top executive should be banned from senior roles in financial services after he allegedly covered up a report revealing a
A former Barclays' top executive should be banned from senior roles in financial services after he allegedly covered up a report revealing a "high risk" culture in the bank's US wealth arm

A former top executive at Barclays should be banned from senior roles in financial services after allegedly covering up a report revealing a "high-risk" culture in the bank's US wealth arm, the City watchdog has ruled.

The Financial Conduct Authority claimed Andrew Tinney, formerly global chief operating officer of Barclays Wealth and Investment Management, suppressed damning findings of a 29-page internal report.

It said he should be banned from working in any senior management or "significant influence functions" in any regulated financial service provider.

But Mr Tinney is contesting the decision and is taking the case to a tribunal.

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