Barclays is to announce its new chief executive as Jes Staley, according to reports.
As John McFarlane, Barclays' chairman, looks to address shareholders' concerns about the institution's investment banking arm, those familiar with the matter have suggested that Antony Jenkins' successor could be announced within the next two weeks.
The Financial Times has reported that ex-JP Morgan investment banker Jes Staley, who was offered the Barclays top job in 2010, is to be offered the role.
One person close to the process said Staley had been selected from a shortlist of two people.
Antony Jenkins was sacked in July, with the bank's board saying it sought a leader with "a new set of skills".
The move left McFarlane in charge. He has led the search for Jenkins' successor. Jenkins' departure did not signal any major change in strategy, the board said at the time.