Senior executives at Barclays will be interviewed by New York’s Department of Financial Services as the U.S. regulator starts its investigation into the whistle-blowing scandal surrounding Jes Staley, according to two people with knowledge of the matter.
Bloomberg News reports that the DFS, led by Superintendent Maria Vullo, is probing whether the bank has sufficient safeguards to protect whistle-blowers in light of its chief executive officer’s attempts to identify an anonymous informant, said the people, who asked not to be identified speaking about a confidential process.
The executives, based in the U.S. and London, will be questioned in New York by the end of the year about Staley’s actions, the firm’s processes and the underlying incidents that sparked the scandal, the people said.
Officials for Barclays and the DFS declined to comment.
Barclays reprimanded Staley in April after discovering he’d repeatedly tried to unmask a whistle-blower, even after colleagues said it was inappropriate.
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