Who has the steel to take over the Diamond hotseat?

It's the worst best job in the world: The future boss of Barclays will command an eight-figure salary and bonus package, oversee a genuinely global bank, with an enviable market position and have the financial world hanging on his every word.

At the same time he will have to defend the indefensible in the form of bonuses while reforming a culture that allowed traders to receive emails offering bottles of Bollinger as thanks for attempting to fixing Libor interest rates.

Here we present a gambler's guide to the names in the frame. On the other hand, Barclays may just pluck some AN Other from abroad who's untainted by scandal and none of the bookies have thought of.

Bill Winters

Best price 5/1 (Cantor Index)

Why he's credible

The former chief executive of JP Morgan in Europe knows London well. Well respected, he played a big role in keeping JP clear of muck in run up to the financial crisis. Apparently, JP's chief executive Jamie Dimon didn't see him as a future boss. That's not necessarily a handicap, as post London Whale, Mr Dimon's judgement doesn't look as good as it did.

Why he's not

An investment banker, American born with dual British nationality exactly like a certain Robert E Diamond Jr. Has been linked with big jobs before only to turn them down.

Our view If an external hire is made it's rarely the favourite. But at 3-1, he has to be worth an interest.

Antony Jenkins

Best Price 9-2 (William Hill/Cantor Index)

Why he's credible

The well-liked former Citigroup executive is a retail banker and Brit who's star is on the rise. By a distance the most credible internal candidate and been mentioned as future CEO in past. Was in running to be boss of Lloyds Banking Group

Why he's not

Limited experience of investment banking so might not be in the best position to keep an eye on Barclays Investment Bank. Mr Agius may feel a clean break with the past and is needed.

Our view He's Paddy Power's idea of a 5-4 favourite. He'll be on the shortlist and his star has been rising. But clever folk in the City will tell you an external hire is needed to provide a "clean break" with the past.

Richard Meddings

Best Price 8-1 (William Hill)

Why he's credible

Standard Chartered's finance director is bright, personable, talented, and could be tempted given boss Peter Sands isn't going anywhere. By some estimations Standard Chartered, which is focussed on emerging markets, is world's best bank. Dream hire?

Why he's not

Expertise in investment banking isn't enormous (although better than some rivals). Stan Chart has done so spectacularly well because it is filled with talented refugees from the sort of aggressive culture at Barclays (or JP Morgan, or Citi). So might not want it.

Our view In many respects he could be seen as a dream hire, but small stakes.

Naguib Kheraj

Best price 16-1 (William Hill)

Why he's credible

Cricket loving former finance director under John Varley who moved on to become chief executive of Cazenove, the broker, handling its takeover by JP Morgan. Very bright, and knows his onions when it comes to investment banking. As low as 5-1 with Ladbrokes.

Why he's not

His appointment might be seen as a retrograde step and he's made a fair few enemies.

Our view In with a shot, but don't bank on it.

Gary Hoffman

Best price 10-1 (William Hill)

Why he's credible

Experienced, if occasionally abrasive, executive who was appointed by the Government to sort out Northern Rock and got it into the position so the "good" bank could be sold.

Why he's not

Another ex Barclays man, blotted his copybook while in charge of Barclaycard. Unable to pull off acquisition of Verde from Lloyds as chief executive of "new simple" bank NBNK. It's still just a shell company.

Our view There's been something of a punt on him, and Ladbrokes briefly suspended its markets. It has him at 2-1. We'd see him as a longshot.

David Roberts/ Frits Seegers

Best price 8-1 (both of them with Paddy Power)

Why they're credible

They're former Barclays executives who know retail and business banking. Untainted by recent events.

Why they're not

Lack investment banking experience, and bringing either back a retrograde step. Plus either one of them could prompt Jenkins to walk. Mr Agius would rather avoid that.

Our view Their odds ought to be more like 25-1. Or higher. Steer clear.

Hector Sants

Best price 20-1 (Ladbrokes)

Why he's credible

Are you kidding? Former investment banker who became a regulator when made head of the Financial Services Authority before a move to the Bank of England.

Why he's not

Might lack the appetite. But he is as low as 5-2 with City bookie Cantor Index. That's worthy of note.

Our view It looks unlikely but 20-1 is a huge price for an intriguing dark horse who has the tools to win the race if he wants to. Take it now.

Christopher Lucas

Best price 10-1 (William Hill)

Why he's credible

Competent finance director who knows the business well.

Why he's not

There are some finance directors who can step up to become chief executive but Mr Lucas wouldn't appear to be one of them.

Our view Merits an interview if he wants the job but hard to fancy.

Oswald Grübel

Best price 12/1 (Ladbrokes)

Why he's credible

Uber experienced Swiss banker who turned around Credit Suisse and was hand-picked to turn around UBS for the same reason. Has ticks in all the right boxes.

Why he's not

Was succeeding at UBS until it was hit by a rogue trader scandal which forced his resignation. Fans argue it was hardly his fault, but tarred.

Our view The trading scandal probably kills it for him. Otherwise he'd be a more than lively outsider.

Prices correct at time of going live

PROMOTED VIDEO
News
ebooksAn unforgettable anthology of contemporary reportage
Life and Style
Six of the 76 Goats' cheese samples contained a significant amount of sheep's cheese
food + drink
News
i100
News
Russell Brand arriving for the book launch in East London
peopleRussell Brand cancels his book launch debate due to concerns about the make-up of the panel
Arts and Entertainment
JK Rowling will not be releasing a 'romance' novel anytime soon
books
Life and Style
tech

Of all the computers Apple has ever made there’s only one that Steve Jobs had to sell his car to finance

Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

SQL Developer with T-SQL, Watford, Hertfordshire - £350 - £360

£350 - £360 per day: Ashdown Group: SQL Developer with T-SQL, Watford, Hertfor...

Chief Financial Officer

120-150k: Accountancy Action: We are looking for an experienced CFO from a min...

IT Systems Business Analyst - Watford - £28k + bonus + benefits

£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...

Trainee Recruitment Consultant - Birmingham - Real Staffing

£18000 - £23000 per annum + Commission: SThree: The SThree group is a world le...

Day In a Page

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?