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Barclays Shares Dip After Report of Department of Justice Probe Into Whistleblower Search

April 11, 2017

Via: TheStreet
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Barclays plc (BCS) shares extended declines Tuesday amid reports of a Department of Justice probe into attempts by CEO Jes Staley to reveal the author of a letter that criticised the hiring of a senior bank executive.

The New York Post reported late Monday that the DoJ was looking into both Barclays and the U.S. Postal Service and said Staley had asked bank staff to contact postal inspectors in order to trace the author of two “whistleblower” letters sent to Board members after the hiring of Tim Main.

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