UK regulators are probing the behavior of Barclays CEO Jes Staley for his efforts to unmask a whistleblower, raising issues of confidentiality, liability, culture and honesty throughout the banking industry.
Governance, Regulation & Compliance
To those who thought the UK Brexit vote would be the biggest surprise of 2016, the American voters sent an even bigger shock.
According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.
UK-based Barclays has reduced its shareholding in Johannesburg-listed Barclays Africa from 62.3% to 50.1% this year and is believed to be seeking to reduce that stake further to around 20%.