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Barclays appoints ex-regulator as compliance head

By Sylvia Hui
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Barclays appoints ex-regulator as compliance head

LONDON (AP) — Barclays has appointed the former chief of Britain’s financial regulator to the new role of head of compliance at the scandal-hit U.K. bank.

The move, announced Wednesday, will see Hector Sants switching sides from heading the Financial Services Authority to overseeing all compliance activities in all regions in which Barclays does business, the bank said.

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