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Jes Staley fined and banned – so what happens next?

Former CEO of Barclays Jes Staley. Photo: Jim Spellman/Getty Images

Gavin Stewart discusses why the case has taken so long and why there is no PRA sanction.

The FCA’s decision to fine and ban Jes Staley, which he is appealing to the Upper Tribunal, may be the beginning of the end of this extended saga, though we must wait at least until the Tribunal has had its say before reaching definitive overall conclusions.

For now, however,