The company has increased its emphasis on retail banking in recent years.
Retail banking is services provided to small businesses or individuals.
But analysts say the bank must also reduce costs and find a way out of its problems in retail banking.
Of course it would help to divide the investment and retail banking.
You really shouldn't be let get away with this - using the products of retail banking to justify yourself.
"It's a smaller organization, focused around the business of retail banking, which is what I do well."
In addition, Kandarian has also moved the company away from retail banking.
The retail banking and commercial lending units were sold for $350 million.
The strongest performance in this area came from retail banking, where earnings rose 54 percent.
The vacancy is a chance to think again about what kind of retail banking Britain needs.