It could take up to a decade for banking giant Barclays to win back the public’s trust, its chief executive has admitted.

Antony Jenkins, who became boss of Britain’s second-biggest high street bank in August 2012, said the series of scandals that have rocked the banking system, including the mis-selling of payment protection insurance and Libor fixing, had damaged the bank’s reputation over the long term.
‘Trust is a very easy thing to lose, and a very hard thing to win back. In my view it will take several years – probably five to 10 – to rebuild trust in Barclays,’ he said.

Read more: