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The Latest Breaking News from Jes Staley

Barclays delivers £1 billion blow to investors after US trading debacle

NEW Barclays chief executive CS Venkatakrishnan had a shaky start to his tenure today, ditching or at least delaying a share buy back plan while he deals with a $15 billion trading blunder.

Evening Standard

Bank bosses’ optimism darkens as war follows on the heels of Covid

Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results

The Guardian - UK

Vote down executive pay at Barclays and Standard Chartered, investors told

Rebellions loom as Glass Lewis advises banks’ shareholders to reject higher base pay and excessive pensions

The Guardian - UK

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Barclays takes £450m hit from investment bungle

BARCLAYS is facing a £450 million hit and regulatory investigations after it made a hash of a securities sale in the US.

Evening Standard

Barclays freezes £22m bonuses of former boss amid probe into Epstein links

Barclays has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation

The Independent UK

Barclays freezes former boss’s share bonuses amid Epstein links probe

Banking giant told city it had suspended former chief executive Jes Staley’s unvested long-term bonus share awards as investigation carried out into relationship with Jeffrey Epstein

Wales Online

Barclays freezes £22m worth of bonuses for ex-boss Staley amid Epstein inquiry

Bank also increases staff bonus pool by 17% to £1.3bn and reports pre-tax profits of £8.4bn

The Guardian - UK

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Barclays withholds bonus payments to Jes Staley as Epstein investigation continues

BARCLAYS is withholding bonus payments from Jes Staley, the chief executive who left last year amid an investigation into the details of his relationship with Jeffrey Epstein, the financier and convicted sex offender.

Evening Standard

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

The Guardian - UK

Barclays freezes £22m share bonuses for former boss amid Epstein links probe

The banking giant has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation.

The Independent UK

Barclays poised to reveal what it paid Jes Staley as he left over Epstein scandal

Bank annual report out on Wednesday

Evening Standard

The AIDS Activist and the Banker

A Q&A with brothers Jes and Peter Staley. One is now CEO of Barclays. The other changed the world.

Fortune

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