James Edward "Jes" Staley (born December 27, 1956), is an American
banker, and the group chief executive (CEO) of Barclays. Staley has
nearly four decades of experience in banking and financial services.
He spent 34 years at J.P. Morgan's investment bank, ultimately
becoming CEO. In 2013 he moved to BlueMountain Capital, and in
December 2015, became CEO of Barclays.Staley was born on
(1956-12-27)December 27, 1956 in Boston, Massachusetts. His father,
Paul R. Staley, was president and CEO of PQ Corporation, a chemicals
company, who eventually settled the family outside of Philadelphia,
Pennsylvania. His grandfather, Edward Staley, was the top executive of
W.T. Grant at the time when the company filed for bankruptcy in 1976.
His brother, Peter Staley, is an AIDS activist.Staley was born on
(1956-12-27)December 27, 1956 in Boston, Massachusetts. His father,
Paul R. Staley, was president and CEO of PQ Corporation, a chemicals
company, who eventually settled the family outside of Philadelphia,
Pennsylvania. His grandfather, Edward Staley, was the top executive of
W.T. Grant at the time when the company filed for bankruptcy in 1976.
His brother, Peter Staley, is an AIDS activist.Jes Staley graduated
cum laude from Bowdoin College with a degree in economics.In 1979,
after graduation, Staley joined Morgan Guaranty Trust Co. of New York.
From 1980 to 1989, he worked in the bank's Latin America division,
where he served as head of corporate finance for Brazil and general
manager of the company's Brazilian brokerage firm. In the early 1990s,
Staley became one of the founding members of J.P. Morgan's equities
business and ran the Equity Capital Market and Syndicate groups. In
1999, he became head of the bank's Private Banking division which,
under his leadership, improved profitability threefold during two
years. In 2001, he was promoted to CEO of J.P. Morgan Asset Management
and ran the division until 2009. During his tenure, J.P. Morgan Asset
Management's client assets expanded from $605 billion to nearly $1.3
trillion. Staley has also been noted for his work on J.P. Morgan's
strategic investment in Highbridge Capital Management by being named
as one of the twenty hedge fund superstars at J.P. Morgan. His
contribution to J.P. Morgan becoming a LGBT friendly company was also
recognized. In 2009, Staley was promoted to Chief Executive of the
Investment Bank. In this position, Staley was responsible for
overseeing and coordinating the firm's international efforts across
all lines of business.
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