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Ex-FSA chief exec Hector Sants in talks to join Barclays

Barclays Rain 480

Former FSA chief executive Hector Sants is in talks with Barclays about taking up a senior executive role, according to reports.

Sky News is reporting that Sants is in talks to fill an executive role overseeing compliance at the bank, which would involve regularly dealing with the FSA.

Sants quit the regulator in June this year, just weeks before Barclays was fined £59.5m by the FSA for rigging Libor.

He has also been linked with a move to accounting firm Deloitte. He is still being paid his £500,000 FSA salary plus benefits until the end of the year.


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There are 12 comments at the moment, we would love to hear your opinion too.

  1. No wonder this weasel of a man defended the FSA handling of Bob Diamond’s appointment – he was lining himself up a job. No conflict of interests here then – much. I will shut my account with them if he does join.

  2. Thanks for the tip to sell my Barclay shares….

  3. Jobs for the boys…again?

  4. Jeeeeeeesus. It never ends does it?

  5. If he is on gardening leave, should he not still be in the garden rather than in talks with Deloitte and Barclays?

  6. talk about the lunatics running the Asylum. Whats even worse is I along with others paid his salary to sit on his axxe(half a million quid, give or take) to tend his garden and organise his next highly paid income.

    I am going to sit in a dark room and cry.

  7. And what should happen to him if Barclays are found to fail a number of regulatory issues that were applied to his watch.

    It will confirm what we have all thought!

  8. How long before he joins Northern cRock (Virgin) and Bradford and Bungley (Santander) too for good measure?

  9. Who said that Greece was the most corrupt country in Europe?

    The stench that emanates from the “top” in this country is unbelievable.

    Can Mr Cameron please tell me that if not paying corporation tax (legally) is morally and ethically wrong then what is morally ethically right about the jobs for the boys gravy train that these people keep riding round on?

    When the revolution comes i’m on the first firing squad! …………………Please!

  10. Barclays is probably the best place for him,

    Once a banker always a banker !!!

  11. ha ha ha ha, brilliant you couldn’t make it up.

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