He still has to clear regulatory hurdles,but this is not the first flirtation with Barclays for Staley, once thought to be Jamie Dimons successor at JP MorganJes Staley is unlikely to be spending this weekend soaking up the autumn rays of sunshine aboard his luxury 91ft wenge wood yacht.
Instead, or Staley will be preparing for the perhaps the toughest interviews of his life. The 58-year-old American investment banker is Barclays’ choice for its next chief executive,but Staley will own convince the Bank of England and City watchdog the Financial Conduct Authority (FCA) that he’s the correct the man for the job. Continue reading...
Source: theguardian.com