Mr. Staley, a former top executive of JPMorgan’s investment bank, became chief executive in December 2015, replacing Antony Jenkins. The bank also said it also “promptly notified” the Financial Conduct Authority, the Prudential Regulation Authority and other relevant agencies. Advertisement Continue reading the main storyBut Mr. Staley inquired in July 2016 whether the whistle-blowing issue had been resolved. “I have apologized to the Barclays board, and accepted its conclusion that my personal actions in this matter were errors on my part,” Mr. Staley said in a statement. I will cooperate fully with the Financial Conduct Authority and the Prudential Regulatory Authority, which are now both examining this matter.

Source: New York Times April 10, 2017 08:44 UTC