Thursday March 28, 2024 | Last Update: March 28, 2024 EDT
People familiar with the matter told Financial Times that Barclays is planning to appoint Jes Staley, the former head of investment banking at J.P. Morgan & Chase Co., to be their next CEO. Staley’s appointment, which is awaiting approval from regulators, is set to be announced in the next two weeks. Analysts are concerned that the hiring of Staley would mean Barclays would go back towards investment banking, according to The Wall Street Journal.
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In lieu of Veterans Day today, over 200 veterans and their families sued six banks, accusing them of conniving with Iran in transferring millions of dollars to militant groups targeting the United States troops during the war in Iraq.
Jimmy Choo might be seen soon in the city with the high end shoe name the first in line of the firms planning to be in London listing now that the instability of economy brought by Scottish referendum has ended.
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