Sat.Nov 06, 2021

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NCUA places California credit union into conservatorship

American Banker

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The mission was to restore Barclays’s good name, but will Jes Staley’s scandals undo his work?

TheGuardian

An investigation that led to the boss’s resignation was just the latest in a series of upsets during his stint at the bank In August 2012, while sailing off Sweden in his 28-metre yacht the Bequia, Jes Staley took a series of calls that left him with the impression he was about to become chief executive of Barclays. The American had been in discussions with the outgoing Barclays chairman, Marcus Agius, and his successor.