Barclays deputy chairman Mike Rake is reportedly planning to step down just a week after its chief executive was fired.

Barclays has fired its chief executive Antony Jenkins.

The FTSE 100 Index was in positive territory today after the latest opinion poll on the Scottish referendum showed a lead for the No campaign.

Barclays has ended its search for a new chairman by announcing that banking veteran John McFarlane will take on the role from next year.

Aviva chairman John McFarlane admitted today the company had moved more slowly because of a culture of collective decision-making at the insurer.

Staff at Aviva whose jobs have been placed at risk in a £400m cost-cutting drive are paying “the price of boardroom failure”, a union said today.

Insurer Aviva has admitted there will be no quick-fix to its problems after profits declined 10% and it warned of more challenging conditions this year.

World markets came under pressure today as gloomy comments from the head of the European Central Bank offset optimism surrounding emergency action taken to boost the UK and eurozone economies.

Embattled insurance giant Aviva unveiled a major sell-off plan today as part of a broader turnaround in the wake of the resignation of its chief executive Andrew Moss.

Embattled insurance giant Aviva is this week expected to announce proposals to shut or sell a raft of divisions as part of a major turnaround plan.

The performance that prompted Aviva shareholders to oust chief executive Andrew Moss was laid bare in figures today.

Andrew Moss has stepped down as chief executive of insurance and pensions giant Aviva — just days after shareholders revolted against executive pay levels at the group.

The boss of Aviva, the UK’s largest insurer, is to step down with immediate effect, the company said today, as shareholder anger claimed the scalp of another City executive.

Aviva has reportedly come under pressure from two major shareholders to replace chief executive Andrew Moss following a massive protest vote against executive pay.

Insurance giant Aviva today announced that former Australian banking boss John McFarlane will become its chairman from next June.

A Saudi prince is due to be sentenced in Britain today for beating and strangling his servant to death in the culmination of a campaign of “sadistic” abuse.

A GAY Saudi prince was facing a life sentence last night for beating and strangling his servant to death in the culmination of a campaign of “sadistic” abuse.

THE “devil” who murdered Irishwoman Mary Griffiths with a bolt gun in front of her children knew she was defenceless from an injury when he attacked her, her sister has said.

A MAN obsessed with an Irish mother-of-three broke into her home and executed her with a bolt gun in front of her terrified daughters.

Two men were cleared today of taking part in a gunpoint attack on a director at Queens Park Rangers.

THE country is facing widespread chaos as hundreds of GPs and junior hospital doctors threatened to strike after Micheál Martin accused striking public health doctors of jeopardising lives.