Ex-JPMor­gan banker Sta­ley is Bar­clays CEO

China Daily (Canada) - - BUSINESS -

Bar­clays Plc named former JPMor­gan Chase & Co se­nior banker Jes Sta­ley as chief ex­ec­u­tive of­fi­cer as Bri­tain’s sec­ond-largest lender seeks to boost re­turns bat­tered by ris­ing le­gal costs. Sta­ley, 58, will take over on Dec 1. At the peak of his 34-year ca­reer at JPMor­gan, he was seen as a can­di­date to suc­ceed Jamie Di­mon in the top job.

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