Advertisement
UK markets open in 2 hours 33 minutes

  • NIKKEI 225

    37,706.79
    -753.29 (-1.96%)
     

  • HANG SENG

    17,295.93
    +94.66 (+0.55%)
     

  • CRUDE OIL

    82.87
    +0.06 (+0.07%)
     

  • GOLD FUTURES

    2,325.60
    -12.80 (-0.55%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,449.27
    -2,101.11 (-3.92%)
     

  • CMC Crypto 200

    1,386.12
    -37.98 (-2.67%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Barclays set to name ex-JPMorgan banker Staley as new CEO -FT

Reuters - UK Focus

Oct (HKSE: 3366-OL.HK - news) 12 (Reuters) - Britain's third largest bank Barclays PLC (LSE: BARC.L - news) is set to appoint Jes Staley, a former JPMorgan Chase (Swiss: JPM.SW - news) & Co investment banker, as its new chief executive, the Financial Times reported.

The announcement of the appointment, if approved by regulators, is expected in the next two weeks, FT said citing two people familiar with the matter. (http://on.ft.com/1L8hwt4)

Staley, who was on the shortlist when Barclays looked for a CEO in 2012, had left JPMorgan (LSE: JPIU.L - news) in early 2013 after 34 years at the bank to join hedge fund Blue Mountain Capital. Staley ran JPMorgan's investment bank and asset management business.

If appointed, Jes Staley would be filling in the position that had been vacant after Antony Jenkins was fired in July for losing the support of non-executive directors in a clash over style and the pace of the bank's turnaround.

ADVERTISEMENT

Chairman John McFarlane, who has been running the bank in the interim, had said earlier in July that it will look at internal as well as external candidates to make an appointment.

Barclays PLC was not immediately available for comment. An external spokesman for BlueMountain declined to comment. (Reporting by Sangameswaran S in Bengaluru; Editing by Andrew Hay)