Barclays's Lucas to Retire Amid FSA Probe

Feb. 4 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that Barclays Plc said Finance Director Chris Lucas, who is under investigation by the U.K.’s Financial Services Authority, will retire as soon as a successor is named. General Counsel Mark Harding will also retire. Barclays says there is no link between the retirements and the ongoing probe. He speaks on Bloomberg Television's "Countdown."

How U.K. Investment Managers are Dealing With Brexit
03:40 - International investors are growing cold on U.K. government bonds. Managers with more than $4 trillion, including Pioneer Investment Management and Old Mutual Global Investors, say the fallout from the Brexit vote is making them more bearish. With no quick answers in sight to the plethora of challenges the U.K. faces in carrying out its June vote to leave the European Union, gilts are being hurt by a plunging pound, monetary policy clashing with higher inflation, and the government’s thus-far unclear stance on negotiating Brexit. Seneca Investment Managers Chief Investment Officer Peter Elston discusses with Anna Edwards on "Bloomberg Daybreak: Europe."
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