The content originally appeared on: CNN The investigation by the Financial Conduct Authority (FCA) and the Bank of England's Prudential Regulation Authority (PRA) was disclosed by Barclays in early 2020 and focused on how Staley had characterized the relationship to his employer. Barclays and Staley were made aware on Friday evening by the FCA and the PRA of the preliminary conclusions of their investigation. 'In view of those conclusions, and Mr Staley's intention to contest them, the board [of Barclays] […]
