British Bank Boardrooms Have Never Seen This Much Drama
HSBC, StanChart and Barclays may all have new chief executives by the end of the year.
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An unprecedented wave of boardroom change is stirring up British banking. At least three of the biggest U.K. lenders may replace their leaders by the end of the year—if not sooner. London-based bank chiefs are struggling against the same headwinds as their European counterparts: subpar growth, low interest rates and increasingly impatient chairmen and activist investors.
CEO: Jes Staley
Start Date: December 2015
Former Jobs: Best known for many years at JPMorgan, where he once ran the asset-management business and its investment bank.