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THE CEO OF UK banking giant Barclays says he has imposed a “no jerks” rule on staff – meaning at least 30 people had to be asked to leave.
In an interview with The Times, Diamond said the rule applies to bankers considered to be prima donnas, too greedy, too ostentatious or failures as team players.
He said it doesn’t matter how good they are as bankers if they “can’t behave with their colleagues.”
The newspaper quoted him as saying that between 30 and 40 Barclays employees have been encouraged to find other jobs for violating the standard.
Diamond cited an infamous 2002 episode during which six Barclays bankers ran up a £44,000 alcohol tab at a London restaurant as embarrassing and “the no jerk rule personified.”
The BBC reported at the time that the bankers had bought a bottle of 1982 Montrachet for £1,400, three bottles of Chateau Petrus Pomerol 1945 for £11,600, one of the 1946 vintage for £9,400 and an even more expensive 1947 which cost £12,300.
The restaurant threw in their food – which cost £400 – for free. Five bankers were sacked over the incident at the time.
Diamond has been criticised himself for his lavish pay, earning £6.75 million last year.
- Additional reporting from AP
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I got more than half way down to realise that all the screen shots are on an iPhone….. so those of us with android phones don’t bother reading this yes?…… why not just put “for iPhones” in the headline… the journal at its best…
Cos nobody gives a toss about android. iPhone wannabe. Just get an iPhone instead of moaning
The latest and greatest iPhone is a year behind android manufacturers phones. So, your wrong actually.
donkey
Spot on ger,its a pity I didn’t read the comment section first haha
On Android to see who read group chat messages , select the message and on top you will see an “i” information button and it’s there
Telegram is your only man.
Just like watsapp but faster n blue and you can send loads of files not just pictures. Plus no need to scan to use your laptop.
It’s odd to see a vulnerability described as a “feature”.
Curiously got me. Which one would that be? The web vCard issue was resolved, and it was a pretty roundabout anyway
Love your app. Please also post how to do these things on Android???
Which Android ? I mean there’s only so much space available
have your say