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LONDON (Reuters) -Barclays has appointed Paul Compton as head of its investment banking business, the British bank said on Tuesday, as part of a wider reshuffle in the wake of Chief Executive Jes Staley's departure.
The U.S. Virgin Islands has asked British bank Barclays to hand over information related to the late convicted sex offender Jeffrey Epstein, the bank said on Friday.
News of the subpoenas came days after Barclays announced its CEO, Jes Staley, would quit following an investigation into his relationship with Epstein.
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Filippo Alloatti of Federated Hermes discusses Standard Chartered's third-quarter earnings and the potential impact of Barclays CEO Jes Staley's resignation on the bank's business outlook.
Barclays' Chief Executive Jes Staley unexpectedly left the bank on Monday due to a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein.
Barclays plc (NYSE: BCS) CEO Jes Staley resigned on Monday morning in the wake of questions regarding his relationship with disgraced financier Jeffrey Epstein. What Happened: Staley stepped down “in view of the conclusions” made by U.K. regulators regarding his association with Epstein, according to a Wall Street Journal report.
For nearly six years running British bank Barclays, American Jes Staley built a reputation as a corporate survivor but the former JPMorgan dealmaker could not escape his past.
The American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following the conclusion of an investigation by British regulators into his relationship with disgraced financier Jeffrey Epstein, the bank said on Monday.