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Jes Staley Enjoying Rare Moment Of Non-Outright Hostility

Throwing a few extra pence his shareholders’ has him moving up from John Cryan levels of popularity to the Brian Moynihan-esque.
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(Getty Images for Yahoo Finance)

(Getty Images for Yahoo Finance)

Barclays CEO Jes Staley is getting used to being unpopular. The handful of women who work for him aren’t too keen at the moment. The same goes for a fair share of his investment bankers, and possibly his former security chief. Don’t even mention the regulators: They have quite a few bones to pick with Staley and his bank, including at least one that theoretically could but definitely won’t put it out of business—and that one isn’t even Staley’s fault! Institutional clients and Jamie Dimon? Also not fans. No, Jes Staley isn’t used to rounds of applause or kind words directed towards him, least of all from shareholders. All of which means that today is a very special day for Staley.

Barclays shares surged 5 percent higher Thursday morning on positive pre-tax earnings news and the announcement that it would double its dividend for 2018….

"2018 will be the first year in five years that this bank begins with a clean operating model," Staley told CNBC shortly after the figures were announced.

Barclays CEO Raises Dividend to Appease Investors [WSJ]
Barclays shares surge after bank says it will double dividend [CNBC]


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Jes Staley Really Showed Us

Barclays’ chief gets to keep his investment bank and his job.

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Jes Staley’s ‘I Told You So’ Tour Rolls On

Barclays had another quarter in which its I-bank wasn’t too embarrassing.

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Jes Staley Is Very Sorry For Launching A Transatlantic Vigilante Crusade Against A Disloyal Whistleblower

Saying mean things about the boss is apparently one of the few things you can't get away with at Barclays.

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Time For Jes Staley To Launch Another Renegade Witch Hunt

Add "duped by an obviously phony email" to the Barclays CEO's list of achievements.

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Jes Staley Doubles Down On Diversification

He loves Barclays investment bank, and he really loves the idea of investment bankers working in back rooms of strip malls in Swindon.

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Today In Things That Do Not Augur Well For Jes Staley…

You launch one little transatlantic vigilante anti-whisteblower crusade and look what happens.