Shortly after Barclays PLC (LON:BARC) named Jes Staley as its Group CEO, the bank announces another senior management change, as Sir Michael Rake is about to step down as a Director at Barclays with effect from 31 December 2015. Sir Gerry Grimstone has been named a non-executive Director of Barclays with effect from 1 January 2016…
Read moreBarclays PLC (LON:BARC) has earlier today announced that its CEO designate James (Jes) Staley has bought into the company. Via a transaction that took place on November 4, 2015, Jes Staley purchased 2,790,000 ordinary shares in the company. The nominal value per share is 25 pence. The average market price of the Shares was £2.3300 per…
Read moreUBS AG (SWX:UBSN) today announced a raft of changes to its Group Executive Board (GEB), the firm's most senior management body, and to its Board of Directors (BoD), including the appointments of new Group Chief Operating Officer and Group Chief Financial Officer. UBS appoints Axel P. Lehmann as its new group Chief Operating Officer. Mr…
Read moreJames (Jes) Staley, who will become Group Chief Executive Officer (CEO) at Barclays PLC (LON:BARC) from December 1, 2015, has stepped down from all of his roles at UBS AG (SWX:UBSN). In an announcement today, UBS said that it accepted Mr Staley's resignation from all of his functions at the bank with immediate effect. The rationale…
Read moreBarclays PLC (LON:BARC) has earlier today announced the appointment of James E. Staley (Jes Staley) as Group Chief Executive Officer. The move was touted in media earlier this month, with the bank noting back then that the search process for a new CEO had not concluded yet. Today's announcement makes it all official - Mr Staley…
Read moreFollowing recent media speculation about James Staley being the potential successor of Antony Jenkins, Barclays said the process of appointing a new CEO has not yet concluded.
Read more