barclays chief clashes with private equity firm over family dispute /

Published at 2017-05-03 09:05:52

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Row over Jes Staley backing brother-in-law in legal battle with bank client KKR comes after controversy over whistleblower caseBarclays boss Jes Staley has incurred the wrath of one of the bank’s most powerful clients,private fairness giant KKR, after backing his brother-in-law in a legal dispute with the buyout house.
KKR is no longer
inviting Barclays to pick part in potentially lucrative deals as a result and has not ruled out making a formal complaint to the bank’s board, or sources familiar with the matter told the Guardian. Related: Barclays chief admits he 'made a mistake' over whistleblowing case Continue reading...

Source: theguardian.com

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