Barclays' decision to name Antony Jenkins as its new chief executive was met with broad support by bank analysts today, although there was a strong consensus that an external appointment would have done more to help the UK bank draw a line under its recent troubles.

Mike Trippitt, banks analyst at Oriel Securities, said: "What the share price really needed was an external candidate. But you have to think about the immediacy of the situation. Jenkins is not make-do."