Tuesday, March 20, 2007
Barclays- A Model for Meek Canadian Banks
The Globe and Mail, Eric Reguly, 20 March 2007There's a lesson in Barclays Bank PLC for Canada. When former Bank of Montreal CEO Matt Barrett landed at Barclays in 1999, it was in a strategic cul de sac. Barclays was big at home, virtually nowhere overseas. The choice: Squeeze the British market for everything it's worth and watch the profits roll in or hit the road and become a growth story.Mr.
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