Barclays: More Galley, less slave

How Barclays shareholders could do with a Carol Galley. Dramatic spats with managements earned the former head of investment at Mercury Asset Management the nickname “Ice Maiden” in her 1990s heyday. But despite Barclays’ dog’s breakfast of a capital raising, no one is assuming her mantle. Structural changes in the UK stock market are partly to blame. But the main problem is supine UK shareholders. Galley earned her reputation by refusing to kowtow to management. Her support for Granada TV was ...