To avoid any conflicts of interest, UBS accepted his resignation from all of his functions at UBS with immediate effect. However, on October 28, 2015, it was announced that Staley would become group chief executive of Barclays, effective December 1, 2015. In May 2015, he was elected to the board of directors of the Swiss global financial services company UBS as a new member of the Human Resources and Compensation Committee and of the Risk Committee. Morgan after more than 30 years to join BlueMountain Capital as a managing partner. In this position, Staley was responsible for overseeing and coordinating the firm's international efforts across all lines of business. In 2009, Staley was promoted to Chief Executive of the Investment Bank. Morgan becoming an LGBT friendly company was also recognized. ![]() Morgan's strategic investment in Highbridge Capital Management by being named as one of the twenty hedge fund superstars at J.P. Staley has also been noted for his work on J.P. Morgan Asset Management's client assets expanded from $605 billion to nearly $1.3 trillion. Morgan Asset Management and ran the division until 2009. In 1999, he became head of the bank's Private Banking division which, under his leadership, improved profitability threefold during two years. Morgan's equities business and ran the Equity Capital Market and Syndicate groups. In the early 1990s, Staley became one of the founding members of J.P. From 1980 to 1989, he worked in the bank's Latin America division, where he served as head of corporate finance for Brazil and general manager of the company's Brazilian brokerage firm. In 1979, after graduation, Staley joined Morgan Guaranty Trust Co. Staley graduated cum laude from Bowdoin College with a degree in economics. His maternal grandfather was James Rhyne Killian, who served as the President of Massachusetts Institute of Technology from 1948 until 1959. His brother, Peter Staley, is an AIDS activist. Grant at the time when the company filed for bankruptcy in 1976. His grandfather, Edward Staley, was the top executive of W.T. Staley, was president and CEO of PQ Corporation, a chemicals company, who eventually settled the family outside of Philadelphia, Pennsylvania. Staley was born on ( )Decemin Boston, Massachusetts. In November 2021, Staley resigned amid a regulatory probe into whether he mischaracterized his relationship with the financier and sex offender Jeffrey Epstein. In 2013, he moved to BlueMountain Capital, and in December 2015, became CEO of Barclays. Morgan's investment bank, ultimately becoming CEO. Staley has nearly four decades of experience in banking and financial services. ![]() He stepped down as CEO on November 1, 2021, and was succeeded by C. James Edward "Jes" Staley (born December 27, 1956) is an American banker, and the former group chief executive of Barclays.
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