LONDON, Oct 28 (Reuters) - Barclays Plc hasappointed James 'Jes' Staley as its new chief executive and saidthe former JPMorgan investment bank boss will take the helm ofthe British bank at the start of December.
Staley had been widely expected to be appointed aftersources and other media reports this month said he had beenchosen and he just needed regulatory approval.
Barclays Chairman John McFarlane said on Wednesday Staleyhad the appropriate leadership talent and wide-rangingexperience to deliver shareholder value and to take the bankforward strategically.
"In particular, he understands corporate and investmentbanking well, the re-positioning of which is one of our majorpriorities," McFarlane said. (Reporting by Steve Slater, editing by Sinead Cruise)