Barclays panel advisers braced for cutbacks as bank calls for more value
Barclays has called for more value for money from its external advisers ahead of a review that is set to significantly cut back the number of law firms the bank uses on a regular basis. At an adviser conference led by Barclays Commercial Bank general counsel Brona McKeown, relationship partners from 52 panel firms were briefed on what the bank expects from its preferred advisers in terms of fee arrangements and value-added services.
Barclays has called for more value for money from its external advisers ahead of a review that is set to significantly cut back the number of law firms the bank uses on a regular basis.
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