QuoteBarclays boss Jes Staley fined £642k for attempting to unmask whistleblower
Mr Staley has also had his bonus for 2016 cut by £500,000 - meaning the episode has in total cost him more than £1.1m.
Barclays boss Jes Staley has been fined £642,430 by regulators over his attempt to unmask a whistleblower.
An investigation by the Financial Conduct Authority (FCA) and the Bank of England's Prudential Regulation Authority (PRA) sharply criticised Mr Staley's response to the receipt of an anonymous letter by the bank in June 2016.
The fine and public censure of the Barclays boss is unprecedented for a serving chief executive of a major bank.
https://news.sky.com/story/barclays-boss-jes-staley-fined-over-whistleblower-11367476
Hit all rogue bosses, in service or ex-, in their personal wallet where they are found guilty of crime.