Barclays has revealed that an independent review of its former business practices makes for "uncomfortable reading in parts".
The company said it must learn from the findings revealed in the review.
The report, by veteran lawyer Anthony Salz, called on the bank to maintain and publish a global code of conduct and to ensure a sufficient number of non-executive directors have banking experience.
"The report makes for uncomfortable reading in parts," Barclays chairman David Walker said in a statement.
The bank said it will report ahead of its annual general meeting on implementation of the review.
"Our plan is to report back in advance of the AGM on how we intend to implement the recommendations made, particularly those that go beyond the scope of work already underway."
Barclays, which was criticised for its key role in Libor-fixing and payment protection insurance mis-selling, said the review of business practices already substantially aligned with its transformational progress.
The Barclays share price dropped around 1% in mid-morning trading.
The company came under fire recently amid its promise of pay restraint.
Barclays picked Budget Day in March to reveal nine executives will receive more than £40m in shares.
It was earlier revealed that the bank paid 428 staff more than £1m - with some of those receiving £5m salaries.
Meanwhile, chief executive Antony Jenkins has also revealed that the growing automation of banking services could result in tens of thousands of jobs disappearing from its workforce during the next decade.
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