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Big challenge for new Barclays CEO

Barclays' speedy pick of a new CEO removes some of the near-term uncertainty plaguing the UK bank but doesn't answer any of the big questions about its future

Barclays has moved quickly to fill the void at the top. The bank on Thursday named Antony Jenkins, the head of its retail and business banking unit, to succeed Robert Diamond, who was forced to resign on July 3 after the Libor rate-rigging scandal.

A speedy decision removes some of the near-term uncertainty plaguing Barclays, but doesn't answer any of the big questions about the bank's future.

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