Barclays' chief executive Jes Staley has been reprimanded by the company's board after it discovered he had attempted to uncover the identity of a whistleblower within the bank.
There are now investigations underway at the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) into Staley's conduct.
A statement from Barclays said that in addition to a reprimand it had cut Staley's pay. The precise reduction will be determined once the FCA and PRA have completed their investigations.
Barclays' chairman John McFarlane revealed in a statement his personal "disappointment" over the issue, given the bank's effor
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