Update: Ex-FSA chief Sants joins Barclays

Hector Sants, the former chief executive of the Financial Services Authority, has joined Barclays.

Sants has been appointed to the newly created role of head of compliance and government and regulatory relations. In his new role Sants will join the Executive Committee of Barclays and report directly to the group chief executive Antony Jenkins. Sants role will see him oversee all compliance activities across Barclays, including all regions in which Barclays does business. Barclays said the move will mean all compliance staff within the bank report to one individual for the first time, and that they will operate independent of business and regional management teams. Sants, who ...