Barclays CEO Staley resigns after Epstein probe


  • World
  • Monday, 01 Nov 2021

FILE PHOTO: Barclays' CEO Jes Staley arrives at 10 Downing Street in London, Britain january 11, 2018. REUTERS/Peter Nicholls

LONDON (Reuters) - Barclays 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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Snapchat is focused on making app safe, CEO Evan Spiegel says
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
Analysis-Why German politicians are facing growing violence
Factbox-Who is Russia's Mikhail Mishustin?
Apple apologises for iPad ‘Crush’ ad after backlash
Russia's Putin proposes reappointing Mishustin as prime minister
Microsoft plans mobile-game store, vying with Apple, Google
Why the use of sodium-ion batteries is set to expand
Two Paris police officers wounded after man shot them inside police station
Deaths in Brazil floods rise to 107, horse rescued from rooftop

Others Also Read