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Rake turns down top job at Barclays

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Sir Mike Rake has turned down to the opportunity to become the next chairman of Barclays, following a string of scandals at the bank. The BT chairman and CBI president reportedly told Sir John Sutherland, the Barclays non-executive director who is leading the search in conjunction with headhunters Spencer Stuart,…

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Click here to read the full story: The Telegraph

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