Another JP Morgan alumnus is taking the helm at Barclays. CS Venkatakrishnan, known as Venkat, was elevated to the top job at Barclays on Monday following the sudden departure of Jes Staley.

C. S. Venkatakrishnan, Barclays’ chief executive who is also known as Venkat, said the move followed a review of its policies in the wake of Mr Trump’s electoral victory late last year.

Venkat also pledged an undetermined sum to compensate customers severely affected by recent IT outages. Barclays’ total income in its investment bank reached 11.8 billion pounds, just above ...

Barclays has unveiled bigger profits after a ... Group chief executive CS Venkatakrishnan, known within the bank as Venkat, apologised to customers affected by the incident.