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.


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