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Barclays Sheds Jeffrey Epstein Ties With New CEO, Keeps Wall Street Strategy

Barclays Sheds Jeffrey Epstein Ties With New CEO, Keeps Wall Street Strategy

Jes Staley is gone from Barclays PLC, but his successor will carry on his signature strategy of betting big on the U.K.’s last major presence on Wall Street.

Barclays appointed C.S. Venkatakrishnan as chief executive Monday after Mr. Staley unexpectedly stepped down under pressure from regulators about how he characterized his relationship with convicted sex offender Jeffrey Epstein.

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