Blockchain Gets Barclays’ Antony Jenkins as Board Member
Blockchain, the Bitcoin wallet company has included Barclay's former CEO Antony Jenkins to its board. The leading Bitcoin wallet and block explorer, Blockchain now has a new board member in the form of Antony Jenkins. The former CEO of English banking giant, Barclays has announced his new position in the cryptocurrency company earlier yesterday. The inclusion of Antony Jenkins as a board member will enable the company to leverage on his years of experience in the mainstream banking and financial sector. Armed with the new-found knowledge, the company will be in a better position to offer....
Related News
Bitcoin wallet startup Blockchain has added former Barclays Bank group chief executive Antony Jenkins to its board of directors. The appointment is notable as Jenkins served as Barclay’s chief executive from 2012 until mid-2015. There, he was promoted to the top spot in the wake of the Libor scandal, a plot involving numerous banks aimed at manipulating interbank interest rates. With the move, Jenkins becomes the latest financial executive to take an interest in the industry, following heavyweights such as Blythe Masters, CEO of Digital Asset, and Duncan Niederauer, former CEO of the New....
Former group chief executive of Barclays, Antony Jenkins, sees innovation such as blockchain and artificial intelligence to challenge and change core banking principles in the near future. Former CEO of Barclays, the UK’s second biggest bank in assets has, in a recent speech, opined that banks will have to face “extraordinary changes” in the upcoming decades, in quotes attributed to the Telegraph. Speaking at the Institute of Chartered Accountants in England and Wales, Jenkins touched upon banks’ reliance on maturity transformation – a core component of retail banking, critical to its very....
The former Group CEO of Barclays, Antony Jenkins, predicts a future within the next ten years wherein financial technology or fintech will substantially disrupt traditional banking systems and the banking industry as a whole. He is convinced banking installations and those employed in banking institutions will be reduced by at least 20% in the coming ten years, if not up to as much as 50%. Antony Jenkins, former CEO of one of Barclays, the UK's second biggest bank in assets after HSBC has predicted an "Uber-like" disruption from the Fintech sector to come crashing down on the current....
In the next 10 years, 30 percent of banking jobs could be obsolete, according to a recent Citi GPS report. This statistic from Citigroup’s report makes an assessment of the potential impact of fintech on the global banking industry. It echoes the concerns of former Barclays PLC Chief Executive, Antony Jenkins, who referred to the position of consumer banking as being “in an Uber moment” that would lead to rapidly accelerating job losses. “I predict that the number of branches and people employed in the financial services sector may decline by as much as 50 percent over the next 10 years,....
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO.