Barclays targeting Sants to deal with financial watchdog
The former head of Britain's financial watchdog is in talks with Barclays to become the executive in charge of dealing with his old employer, according to financial industry sources.
Hector Sants is on gardening leave having resigned from the Financial Services Authority, so will not be able to join a new employer until the new year.
But getting him on board would come as a coup for a bank desperately trying to clean up a reputation tarnished by the Libor interest rate scandal, where some traders attempted to "fix" the benchmark rate.
Mr Sants would likely join the executive committee, one step below the board. Barclays has prioritised improving relations with regulators in the wake of stinging criticism of the way it has dealt with watchdogs in the past.
However, no deal is imminent and Barclays faces competition from the accountancy firm Deloitte, which is pursuing Mr Sants as a partner.
Barclays declined to comment.
- 1 Games of Thrones actor Lena Headey makes emotional promise to her unborn daughter
- 2 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
- 4 Female Muay Thai champion hustles coaches to give them a beating
- 5 16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
Female Muay Thai champion hustles coaches to give them a beating
Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
Report finds that Britain's wages are the most unequal in Europe
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...