According to a source that is familiar with the matter, the global head of whistleblowing of Barclay is leaving the bank, five months after regulators started investigating Chief Executive Jes Staley for attempting to unmask a whistle-blower.
A former police detective inspector, Jonathan Cox, is leaving after making an employment lawsuit against Barclays for alleged breaches in whistleblowing rule. His employment case had been listed for Sept. 13 at the East London Tribunal. However, the tribunal confirmed that it had been withdrawn.Details about the case or his allegations have not been disclosed.
Details about the case or his allegations have not been disclosed. A spokesperson for Barclays and the lawyer of Cox refused to comment on the case, his departure, and whether there had been a financial settlement.
A spokesperson for Barclays and the lawyer of Cox refused to comment on the case, his departure, and whether there had been a financial settlement.A call to the office line of Cox was directed to his voicemail.
A call to the office line of Cox was directed to his voicemail.
Cox joined Barclays in May 2013 according to his LinkedIn profile and led the bank’s whistleblowing team for more than two years.
Since April, two financial regulators of Britain have been investigating Barclays and Staley for alleged breaches of rules on whistleblowing after the CEO attempted to identify an anonymous whistle-blower twice last year, despite strict UK rules formulated to protect them.
Staley was reprimanded by Barclays and stated that it would cut his bonus over his attempts to uncover the identity of the author of a letter that made allegations “of a personal nature” regarding a senior banker. However, the bank has ignored calls to fire him for what Chairman John McFarlane has identified as an “honest” mistake.
The responsibilities that Cox listed were programme development and implementation, rolling out a global marketing strategy, managing regulatory relationships, and protecting employees who report wrongdoing.