‘What do zoos have in common with global investment banks?’ is perhaps one of the stranger questions bankers have pondered in the wake of the Libor scandal. However, a group of 125 senior Barclays bankers were asked to consider the links between the two last week, according to the head of its investment bank.

Rich Ricci, chief executive of Barclays' corporate and investment bank, told a Parliamentary Commission on Banking Standards hearing on Wednesday about an away day in which bankers considered reputation management.