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Barclays CEO Staley’s departure shook the financial institution – this is what it’s essential know

Barclays chief govt Jess Staley is stepping down on account of a regulatory investigation into how he characterised his relationship with convicted intercourse offender Jeffrey Epstein.

He’s finishing a six-year tenure on the high of the UK lender, throughout which Staley has been adhering to his technique of supporting funding financial institution Barclays within the face of investor and activist strain.

His reign was turbulent, a interval that included the seeing off of activist Edward Brahmson, the resurgence of funding financial institution Barclays, and quite a few management shifts. Staley additionally faces one other regulatory investigation for harassing a financial institution whistleblower in 2016, which resulted in a high quality of over £ 640,000.

Staley was instantly changed by former JPMorgan banker C.S. Venkatakrishnan, who led the worldwide markets for over a 12 months.

Whereas the guard is on the brink of change, right here Monetary information‘protection of how Staley and Barclays bought the place they’re.

November 1, 2021 Barclays bankers gasp after Staley leaves on account of buyers sad with the brand new CEO who has not been screened.

November 1, 2021 Barclays boss Jess Staley steps down from Epstein’s investigation after a tumultuous six-year reign

October 21, 2021 Barclays Offers To Announce File Quarter Amid M&A Increase

October 12, 2021 Barclays opens new campus in Glasgow for five,000 staff

Barclays Offers To Put up File Quarter On July 28, 2021 Regardless of Sharp Drop in Mounted Earnings Buying and selling Quantity

July 27, 2021 Barclays names new capital markets leaders in newest shake-up

July 22, 2021 Barclays hires Hengster to guide German division as shake-up continues

On July 21, 2021, Colizzi was appointed by Barclays as the pinnacle of the European funding financial institution

July 20, 2021 Barclays unveils quite a few adjustments within the composition of the funding financial institution

June 16, 2021 174-page banking report predicts Barclays rise and large bonuses fall.

Might 7, 2021 Activist Bramson sells all 6% stake in Barclays

February 18, 2021 Barclays Will increase Funding Financial institution Administration Bonus Funds

18 February 2021 Barclays Buying and selling Division Soars To New Heights As Covid-19 Reduces Total Income

January 26, 2021 Bankers frightened about bonuses regardless of report income from pandemic: “They may discover a method to underpay”

October 23, 2020 Barclays CEO Jess Staley says he’s not prepared at hand over the reins

September 30, 2020 Barclays Memo Appoints New Head of Market Because of Massive-Scale Personnel Reshuffle

August 7, 2020 Barclays major shareholder criticizes activist Brahmson: “Deutsche Financial institution shouldn’t be a job mannequin”

Might 12, 2020 Viral Buying and selling Success Offers Wall Avenue Banks An Even Higher Market Share than European Rivals

February 25, 2020 Barclays CEO Staley Says to Funding Bankers ‘I am Not Going Wherever’

April 1, 2019 Cause for Tim Throsby’s sudden departure from Barclays

April 16, 2018 Barclays funding bankers welcome Staley’s resolution to reveal

April 16, 2018 Barclays chief Jess Staley can be fined for exposing the scandal

To contact the writer of this story with suggestions or information, electronic mail Paul Clarke.

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