Barclays is at the centre of further scandal after a senior executive quit following revelations he shredded a report which said part of the bank was "out of control".
Andrew Tinney, the former chief operating officer of Barclays' wealth arm, quit last week and is alleged to have disposed of the dossier after it was delivered to his home in March 2012, the Mail on Sunday reports. It was compiled by Genesis Ventures on Tinney's request following concerns from the US Securities and Exchange Commission (SEC) there were "deficiencies" in the New York division Barclays Wealth America (BWA). The report, seen by the Mail on Sunday, said: "The current leadership team have pursued a course of "revenue at all costs", taken a conscious decision to ignore supp...
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