Barclays Chairman Says People `Jumped to Conclusions' on CEO

Updated on
  • Says Staley is `client guy,' `not hiring an investment banker'
  • McFarlane says timing of CEO hire isn't in hands of the bank

Barclays Plc Chairman John McFarlane said some observers of the lender have “jumped to conclusions” about the firm’s strategy if former senior JPMorgan Chase & Co. banker Jes Staley becomes chief executive officer.

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