Barclays CEO Jes Staley to be fined, but not banned, for whistleblower hunt

Jes Staley faces potentially hefty fines from the regulators and “a very significant compensation adjustment” by his employer, after attempting to unmask an anonymous whistleblower at Barclays. The action is an early test of how the regulators will apply the Senior Managers Regime, which commenced in March 2016.