``... high on Jenkins's to-do list is how far to overhaul the senior management team at the bank, which was rocked by a record fine of more than $450 million in June for rigging interest rates and is being investigated over a fundraising.

The rate-rigging probe unearthed long-standing concerns by Britain's financial regulator about the culture under former CEO Bob Diamond and Chairman Marcus Agius, who both resigned as a result of the scandal.''

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