Barclays CEO Jes Staley Steps Down

Barclays Plc Chief Executive Officer Jes Staley is stepping down amid a U.K. regulatory probe into how he characterized his ties to the financier and sex offender Jeffrey Epstein.

Staley, 64, is leaving Monday, according to a statement. C.S. Venkatakrishnan, who was promoted last year to run the Barclays markets division and was previously chief risk officer, will replace him as CEO.

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