Sir David Walker, appointed as Barclays' new chairman, can be expected to have a clear view of how to negotiate the increasingly political world of banking. He fully fits the model of a City grandee. In his 50-year career, the 72-year-old has seen the inside of government and inter-governmental institutions, as well as working at the highest level within some of the world's biggest names in banking. He has seen the inside of the UK Treasury, the International Monetary Fund, the Bank of England and a host of commercial banks including the UK's Lloyds and the US giant Morgan Stanley, where he is currently a senior adviser, having previously been...
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