Barclays boss Jes Staley faces penalty for 'conduct breach'

Jes StaleyImage copyright

Barclays boss Jes Staley is facing a fine by UK regulators for breaching rules when he tried to identify a whistleblower at the bank.

The Financial Conduct Authority and the Prudential Regulatory Authority began their probe into Mr Staley’s conduct a year ago.

Mr Staley, who has apologised for his conduct, has been given time to appeal.

Barclays said there was no suggestion Mr Staley acted with “a lack of integrity”.

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