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  • Barclays chief executive Jes Staley is aiming for another two years in the role.

  • He made the comments off the back of good news for the lender.

  • On Friday, Barclays reported stronger than expected third quarter results thanks to a return to profit for the banks consumer businesses.

  • There's been speculation over Staley's future.

  • Barclays disclosed in February that British regulators had launched an investigation into Staley's past connections to the convicted sex offender, Jeffrey Epstein.

  • That probe is yet to conclude.

  • Staley has said he regrets having had any relationship with Epstein, but he told reporters in a call on Friday, I think will be here for another couple of years.

  • Barclays is the first major British bank to publish third quarter earnings.

  • Analysts and investors are watching results for any signs of a wave of bad loans due to the global slowdown.

  • The bank reported profit before tax of $1.4 billion almost double analyst forecasts.

  • It shares jumped following its results and were up a Muchas 8% in morning trade.

  • Barclays booked £608 million in provisions for bad loans and other charges, down 63% from the previous quarter.

  • But it added that it was considering further cost cutting measures, which could result in more charges.

  • Staley said Thies could include reductions in office space and other such overheads.

  • Barclays, British rivals all report their earnings next week.

Barclays chief executive Jes Staley is aiming for another two years in the role.

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