A Charter for responsible banking. The Charter was signed between BGEF and management and applies to the group’s European operations. It formalizes a previous agreement covering sales and advisory activities. The signatories agree to respect the interest of colleagues, and to play a socially responsible role in the community. The principles of responsible banking as laid out in the agreement include: promoting standards to improve efficiency and empowering employees to make responsible decisions, balancing the importance of service to its clients with salary incentive schemes and the needs of business management, working together and individually to create a responsible bank, and promoting ongoing social dialogue between unions, union representatives and management over responsible financial products selling.
Barclays: launches the Barclays Europe Alliance and the Group’s EWC also signed its charter of responsibility
On January 27, Barclays EWC, also known as BGEF (Barclays Group European Forum), together with the banking group’s management signed a revised charter for a responsible bank throughout Europe. The previous day the Barclays Europe Alliance was launched during a UNI Finance meeting. The new Alliance aims to develop cross border solidarity for employees and promote constructive social dialogue, working closely with the BGEF. This Alliance echoes the Barclays Africa Alliance and going forward both will look to become even more international.
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