Salz Review - Wall Street Journal

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Salz Review
An Independent Review of Barclays’ Business Practices
The Review Team
Anthony Salz, Reviewer
Anthony Salz is Executive Vice Chairman of Rothschild. Mr Salz joined Rothschild in
2006, after more than 30 years as a corporate lawyer with the international firm Freshfields
Bruckhaus Deringer, the last 10 years as the senior partner.
Among various roles, Mr Salz is a Trustee of the Tate Foundation, the Eden Project,
the Paul Hamlyn Foundation, the Scott Trust, Reprieve and the Royal Opera House.
He was for some years a member of Business in the Community's Business Action on
Homelessness Executive Forum and a member of its Education Leadership team. He was
Vice Chairman of the BBC Board of Governors between 2004 and 2006 and the lead Non-
Executive member of the Board of the Department for Education from 2010 to December
2012. He chaired the Independent Commission on Youth Crime and Antisocial Behaviour
in England and Wales, which reported in 2010. He also chaired two review groups on press
self-regulation on behalf of the Media Standards Trust (on which Board he sits), which
published reports and recommendations in 2009 and in June 2012.
Russell Collins, Deputy Reviewer
Russell Collins is a qualified chartered accountant with over 30 years of audit,
governance and regulatory advisory experience in the financial services sector.
He was, until 31 May 2012, a Vice Chairman of Deloitte LLP, the UK professional services
firm, and a member of both its Global Financial Services Management Board and its
Centre for Regulatory Strategy. Previously, Russell had been Managing Partner for
Financial Services for Deloitte in the UK and in Europe, Middle East and Africa for
10 years.
Russell was a member of the FSA's Financial Services Practitioner Panel for six years and
was its Chairman in 2011-12. He was one of the accountants to the inquiry by the Board of
Banking Supervision of the Bank of England into the collapse of Barings. More recently he
advised the FSA as it developed some aspects of its more intensive regulatory environment
following the financial crisis.
Russell has previously been a member of the Institute of Chartered Accountants in
England and Wales’ (ICAEW) Financial Services and Banking sub-committees, and has
represented the ICAEW on the European Banks’ Working Party.
Support Provided to the Review
Throughout the review, advice was provided by:
― The Boston Consulting Group, a leading global management consulting firm – for
analytical support and consulting advice;
― Herbert Smith Freehills LLP, one of the world’s leading law firms – for
legal advice.