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| Barclays to name Jes Staley as new chief executive | Barclays to name Jes Staley as new chief executive |
| (35 minutes later) | |
| Barclays is soon to appoint former JP Morgan banker James "Jes" Staley as its new chief executive. | Barclays is soon to appoint former JP Morgan banker James "Jes" Staley as its new chief executive. |
| Sources confirmed to the BBC that Barclays board members had agreed to Mr Staley's new role with the British banking group. | |
| Mr Staley is currently working at BlueMountain Capital Management in the US. | Mr Staley is currently working at BlueMountain Capital Management in the US. |
| Barclays' previous chief executive, Anthony Jenkins, was fired in July after falling out with board members. | Barclays' previous chief executive, Anthony Jenkins, was fired in July after falling out with board members. |
| BBC business editor Kamal Ahmed tweeted: "Barclays board agree Jes Staley to be new CEO. Ex JP Morgan banker now needs regulatory clearance. Barclays to keep investment bank focus." | BBC business editor Kamal Ahmed tweeted: "Barclays board agree Jes Staley to be new CEO. Ex JP Morgan banker now needs regulatory clearance. Barclays to keep investment bank focus." |
| The hedge fund manager, reports the Financial Times, could bring "a dramatic change" of approach to Barclays. | The hedge fund manager, reports the Financial Times, could bring "a dramatic change" of approach to Barclays. |
| Barclays' current executive chairman John McFarlane was appointed after Anthony Jenkins' departure, until a permanent successor was found to become chief executive. |