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Ex-FSA chief exec Hector Sants in talks to join Barclays

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Former FSA chief executive Hector Sants is in talks with Barclays about taking up a senior executive role, according to reports.

Sky News is reporting that Sants is in talks to fill an executive role overseeing compliance at the bank, which would involve regularly dealing with the FSA.

Sants quit the regulator in June this year, just weeks before Barclays was fined £59.5m by the FSA for rigging Libor.

He has also been linked with a move to accounting firm Deloitte. He is still being paid his £500,000 FSA salary plus benefits until the end of the year.

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  • d 7th December 2012 at 4:37 pm

    He quit in June and is still getting paid his £500,000 salary until the end of the year LOL no wonder your fees are so high – bet he is also eligible for the annual failure bonus as well that should give him another couple of million. How does this slip through the national news – not the bbc I suppose.