Regulation

FCA wins court battle to stop ex-Barclays wealth boss holding senior job again

Thomas Kalaris was ‘not candid’ during interviews about emergency Qatari fundraise, tribunal rules

Kalaris wanted to run Saranac Partners, but the FCA would not give him the green light
Kalaris wanted to run Saranac Partners, but the FCA would not give him the green light Photo: Chris Ratcliffe/Getty Images

The Financial Conduct Authority has won a court battle to stop a former Barclays wealth boss from holding a top role in finance again.

A tribunal ruled in the markets watchdog’s favour on 27 August after Thomas Kalaris appealed its efforts to ban him from all senior manager functions.

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