One of the world's most ineffectual gamekeepers joins the world's most accomplished poachers. Is anyone impressed?

No doubt Barclays boss Antony Jenkins is hoping the appointment of former Financial Services Authority chief Hector Sants as the bank's new head of compliance will deliver a much-needed end-of-year public-relations boost to the beleaguered UK bank. After all, his first 100 days have seen precious little evidence of the radical action that many felt was necessary to restore the bank's reputation after this summer's interest-rate-rigging scandal cost the jobs of its former chairman, chief executive and chief operating officer.