Barclays' leading candidate for chief executive officer, Jes Staley, is being interviewed Tuesday by U.K. regulators in the final hurdle to his appointment, according to two people with knowledge of the situation.
Bloomberg News reports that the former head of JPMorgan Chase & Co.’s investment bank is being questioned by a panel of representatives from the U.K. Financial Conduct Authority and the Prudential Regulation Authority, said the people, who asked not to be identified because they’re not authorized to talk publicly on the process. Staley must be approved by the London-based regulators to get the job.
Staley, 58, emerged as the frontrunner to take over the bank after Antony Jenkins was fired by Chairman John McFarlane, 68, in July, a person with direct knowledge of the matter said last week.
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