Sky News - Barclays CEO said formally questioned by bank regulators

Jes Staley Interview Pic

The CEO of Barclays has been formally questioned by banking regulators more than three months after his efforts to unmask a whistleblower triggered the latest in a string of inquiries into the bank.

Sky News has learnt that Jes Staley was interviewed in recent weeks by officials from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) as they intensify their probe into the scandal.

People close to Barclays confirmed that Staley had been formally quizzed by the two watchdogs, which hope to conclude their investigations later this year.

The meeting between the two sides is likely to prove a crucial element of the two regulators' inquiries into the affair, which has raised far-reaching questions about Barclays' commitment to an overhaul of its culture and behaviour after a tumultuous decade.

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