BROWSE BY TOPIC
Stories of Interest
- Citigroup Raises CEO Corbat's Pay 48% to $23Mn
- Should Congress Create a Crypto-Cop?
- JPMorgan Weighs Buying an Exchange-Traded Funds Firm
- Hey, Goldman Sachs: Wanna Buy BNY Mellon?
- SEC Order Rejecting Acquisition of Chicago Stock Exchange (CSX) by Chinese-Baesd Company
- Kyle Moffatt Named Chief Accountant in SEC CorpFinance
- SEC Suspends Trading in 3 Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology
- Karen Garnett, Assoc. Director of SEC CorpFinance, to Leave After 23 Years of Service
- Louisiana Adviser Barred for Hiding Losses from Investors
- Connecticut HF Manager Illegally Diverted Investor Money - Now Owes Nearly $13Mn
- White House Cleaning House of Advisors Without Full Security Clearance
- Goldman Projects 30% Growth in Wealth Management Advisor Force
- Whistleblower Alleges Manipulation of CBOE Volatility Index
- FINRA Looking Into VIX (CBOE Volatility Index) Manipulation: WSJ
- Atlanta-Area Resident Charged with Misusing Investor Funds - SEC
- FINRA Announces 2018 West Region Networking Seminar
- Alberto Arevalo, Associate Director in Office of International Affairs, to Retire From SEC
- A Culprit for Financial Site Glitches: You and Your Apps
- Investor Protection, Capital Formation and Market Integrity Are Top Priorities in SEC Budget Request
- We Must Stop Out-Of-Control Trading or U.S. Capitalist System Will Break Down - Dick Bove
Stay Informed with the latest fanancialish news.
NEWSLETTERS & ALERTS
Who Is Jes Staley, CEO of Barclays?
[Photo: by Debra Hurford Brown, Barclays PA]
The following information, taken from Wikipedia, accompanies the previous article - In Judgment of the Barclays CEO Who Tried to Unmask a Whistleblower.
James Edward ‘Jes’ Staley, 60, the CEO of Barclays, has had an extremely successful career in banking. After graduating from Bowdoin College, Staley joined Morgan Guaranty Trust Co. of New York. From 1980 to 1989, he worked in the bank's Latin America division, where he served as head of corporate finance for Brazil and general manager of the company's Brazilian brokerage firm.
- In the early 1990s, Staley became one of the founding members of JPMorgan's equities business and ran the Equity Capital Market and Syndicate groups.
- In 1999, he became head of the bank's Private Banking division which, under his leadership, improved profitability threefold during two years.
- In 2001, he was promoted to CEO of JPMorgan Asset Management and ran the division until 2009. During his tenure, JPMorgan Asset Management's client assets expanded from $605 billion to nearly $1.3 trillion.
► Staley has also been noted for his work on JPMorgan's strategic investment in Highbridge Capital Management by being named as one of the twenty hedge fund superstars at JPMorgan.
► His contribution to JPMorgan becoming a LGBT friendly company was also recognized.
- In 2009, Staley was promoted to Chief Executive of the Investment Bank. In this position, Staley was responsible for overseeing and coordinating the firm's international efforts across all lines of business.
- In 2013, Staley left JPMorgan after more than 30 years to join BlueMountain Capital as a managing partner.
- In May 2015, he was elected to the board of directors of UBS, the Swiss global financial services company, as a new member of the Human Resources and Compensation Committee and of the Risk Committee.
- On October 28, 2015, it was announced that Staley would become group CEO of Barclays, effective December 1, 2015 – at which point he immediately resigned from all of his functions at UBS.