Barclays CEO Staley Expects to Leave by End of 2021, FT Says
- Staley could stand down at annual meeting in May 2021: report
- He is under investigation over his ties to financier Epstein
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Barclays Plc is preparing to search for a replacement for Chief Executive Officer Jes Staley, who has told colleagues he expects to leave by the end of next year, the Financial Times reported, citing people briefed on the lender’s plans.
Staley, who joined the bank in 2015, could stand down at its annual meeting in May 2021, the paper said. A Barclays spokesman in London declined to comment on the report.