India, Feb. 26 -- Barclays plc (BARC.L,BCS) is preparing to start the search for a new chief executive officer to replace Jes Staley, the Financial Times reported, citing two people briefed on the bank's plan.
Staley, 63, who took over as CEO in December 2015, has informed colleagues he expects to leave the group by the end of next year. He could stand down at the annual meeting in May 2021, the report said.
On 13th February, Barclays said it retains the board's full confidence to its Chief Executive Officer Jes Staley, who has been under the radar for his relationship with U.S. Financier and convicted sex offender Jeffrey Epstein.
Staley is being investigated by British regulators over his relationship Epstein, who committed suicide in ...