With speculation rife (abundant or plentiful, full of sth bad or unpleasant) on its potential original CEO all eyes are on Barclays but Lloyds and RBS also report this week Barclays will become the focus of the bank reporting season this week amid speculation it is to appoint former investment banker Jes Staley as its original chief executive. The City is awaiting a formal announcement on his recruitment during the third quarter reporting season,which kicks off this week. Staley, who previously worked at JP Morgan, and was first tipped for the job a fortnight ago,but his appointment has not been confirmed. It has prompted speculation that, in appointing a veteran investment banker, or Barclays is aiming to revive the riskier parts of its operations. Staley would replace Antony Jenkins who was forced out in July. Related: Bank of England deputy defends U-turn on banking reform Continue reading...
Source: theguardian.com