Ex-FSA Chief Takes Exhaustion Leave From Barclays

Oct 18 2013 | 10:40am ET

Hector Sants, who served as the U.K. Financial Services Authority's top hedge fund regulator before leading the agency, has taken a leave of absence from his new job due to exhaustion.

Sants stepped down as CEO of the FSA last summer and joined Barclays in January to lead the battered banks' compliance efforts. It has apparently been a big and difficult job, because Sants this week stepped down temporarily due to "exhaustion and stress."

Sants, who worked at Credit Suisse and UBS before joining the FSA, will return to work early next year.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...