Barclays CEO Staley resigns after Epstein probe

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Barclays CEO Staley resigns after Epstein probe
 © CyprusMail 2022
Barclays (BARC.L) chief executive Jes Staley is leaving the bank after a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein.

Staley will be replaced as CEO by Barclays’ head of global markets C.S. Venkatakrishnan, who on Monday pledged to continue his predecessor’s strategy.

Staley’s shock departure comes after Barclays was informed on Friday of the unpublished findings of a report by Britain’s Financial Conduct Authority and the Prudential Regulatory Authority into Staley’s characterisation of his...

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Article automatically added to our system on Monday, November 1, 2021

Barclays CEO Staley resigns after Epstein probe

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