FSA boss Sants switches sides

By Giles Broadbent on December 12, 2012 3:18 PM |


Former FSA watchdog Hector Sants is to become head of compliance at Barclays, liaising with regulators and monitoring trading.

The move comes after the Wharf-based bank was caught up in a major scandal over the manipulation of Libor, the interbank lending rate.

Mr Sants said: "I left the FSA with the intention of finding a role which would allow me to put into practice the experience I have gained in both the public and private sector."