PRA and FCA to investigate Barclays’ chief executive
Jes Staley comes under fire for undermining whistleblowing regime
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have launched an investigation into Barclays’ group chief executive, following his attempt to identify a whistleblower in 2016.
Last year, Jes Staley sought to identify the author of a letter sent to the bank’s board that “raised concerns” about a senior employee.
“The board has concluded, that Mr Staley honestly, but mistakenly, believed that it was permissible to identify the author of the letter,” said Barclays in a
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