He confirmed bonuses would be cut, and he would waive his own.
He said he need not have resigned even though he was in charge at Barclaycard during one mis-selling episode.
Earlier, the bank said it had set aside another £1bn to cover the costs of the mis-selling of payment protection insurance (PPI) to individuals and interest rate hedging products to small firms.
Jenkins was in charge at Barclaycard at a time when PPI was mis-sold. He said the bonus pool for 2012 had already been "substantially" reduced and would be cut further owing to the mis-selling issues.
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