Half of Europe’s Banks Swapped Out CEOs in the Last Two Years

The upheaval in Europe’s banking industry isn’t letting up.

On Monday, Barclays Plc became the 10th major lender since late 2019 to replace its chief executive officer when it named C.S. Venkatakrishnan as successor to Jes Staley, who unexpectedly stepped down. UniCredit SpA, Danske Bank A/S and Commerzbank AG are among other firms whose CEOs left under a cloud.

C.S. Venkatakrishnan

Source: Barclays Plc

Overall, half of the CEOs of Europe’s top 20 listed banks have been in their roles for two years or less. The remaining 10 bank bosses have held their positions for more than six and a half years ...