Barclays CEO Whistle-Blower Verdict Is Said to Be Delayed Again
- U.K. FCA decision to come early next year instead of December
- Regulators probing CEO Staley under new senior manager rules
Jes Staley
Photographer: Peter Foley/Bloomberg
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U.K. regulators investigating Barclays Plc Chief Executive Officer Jes Staley’s attempts to unmask a whistle-blower have pushed back their decision a second time, with the probe now expected to be concluded early 2018, people with knowledge of the process said.
The delay comes as investigators at the Financial Conduct Authority are taking longer than expected to complete their review, said one of the people, who asked not to be identified speaking about a current case. The FCA had originally indicated it was targeting an October verdict, then pushed this back to December, Bloomberg News has previously reported.