Barclays CEO, Jes Staley, under probe; salary slashed

Barclays CEO Jes Staley is facing investigation by the U.K.’s Financial Conduct Authority and Prudential Regulation Authority over claims about the bank’s whistleblowing program, Bloomberg News reports.

The lender’s board has reprimanded Staley over the allegations and decided on a ‘very significant’ pay cut for the CEO.

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