The former CEO of Barclays Wealth has been banned from performing senior manager functions.
The ban on Thomas Llewellyn Kalaris was initially set by the Financial Conduct Authority in 2022 but then referred to its Upper Tribunal. The regulator described Kalaris as "not fit to be a senior manager". He was one of four former senior bankers at Barclays charged with conspiracy to commit fraud and the provision of unlawful financial assistance, for which he was later found not guilty. Kalaris joined Barclays in 1996 and was a member of the bank's executive committee from November 2009. He was the CEO of Barclays' wealth and investment management arm in London between 2006 and ...
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