28th Oct 2015 07:09
LONDON (Alliance News) - Barclays PLC on Wednesday confirmed previous reports that it has chosen Jes Staley to be its new chief executive, with plans for him to take up the role on December 1.
Staley is a former executive at JPMorgan Chase & Co, where he headed its equities, private banking and assets management businesses during his 30 years at the US bank, before ultimately heading its investment bank.
He is currently the managing partner of BlueMountain Capital, the US hedge fund.
Chairman John McFarlane has been acting in an executive capacity since ousting retail banker Antony Jenkins from the CEO role in July.
By Sam Unsted; [email protected]; @SamUAtAlliance
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