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Share Name Share Symbol Market Type Share ISIN Share Description
Barclays Plc LSE:BARC London Ordinary Share GB0031348658 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.10 0.68% 163.88 164.34 164.36 164.78 162.06 164.54 110,229,637 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 21,940.0 8,414.0 37.5 4.4 27,482

Barclays CEO's Departure Seen as Disappointing but Unavoidable -- Market Talk

01/11/2021 9:10am

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Barclays CEO Jes Staley's sudden departure amid regulators' investigation into his relationship with Jeffrey Epstein is disappointing, Shore Capital says. The FTSE 100-listed bank's CEO has done an excellent job in improving the performance of the group in recent years, the brokerage says, noting that the lender is in a good financial place. However, this news don't come as a total surprise with such an investigation happening in the background, Shore says. "It is also not the first time Mr. Staley's behavior has come into question, following the whistleblowing scandal in 2016, for which he was personally fined over GBP600,000. As a result, his position has clearly become untenable," Shore says. Shares are down 1.7% at 198.74 pence. (sabela.ojea@wsj.com; @sabelaojeaguix)

 

(END) Dow Jones Newswires

November 01, 2021 04:55 ET (08:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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