Barclays - Be careful what you wish for

Barclays Canary Wharf

First he was an heir apparent to Jamie Dimon at the biggest bank in the U.S.

Then he came close to getting the top job at Barclays, a company older than the U.S. itself.

Bloomberg News reports that three years later, Jes Staley is the closest he’s ever been to getting a big bank’s CEO seat.

The wrinkle is that it’s at Barclays, a firm where performance is dragging, Chairman John McFarlane has suggested competing with U.S. rivals is futile, the last two CEOs were pressured to leave, and bankers have jokingly revised 'RISES', a company motto, to 'CRISES'.

To access the complete Bloomberg News article hit the link below:

Staley's Quest for CEO Post May Be Easier Than Running Barclays

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