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NEW YORK/LONDON (Reuters) - British bank Barclays PLC is close to naming former JPMorgan Chase banker Jes Staley as chief executive, signaling a renewed focus on an investment banking division that has been pared back over the past three years. Barclays offered the position to Staley, currently managing partner of U.S. hedge fund firm BlueMountain Capital Management, and he accepted the offer, a person with knowledge of the situation told Reuters. Boston-born James 'Jes' Staley, 58, ran JPMorgan's investment bank and asset management business and had been at the bank for 34 years before leaving in early 2013 to join BlueMountain.
By Sam Wilkin and Bozorgmehr Sharafedin DUBAI (Reuters) - Iran's conservative-dominated parliament passed a bill on Tuesday approving its nuclear deal with world powers, signaling victory for the government over hardline opponents who worry the accord opens a door to wider rapprochement with the West. Many conservative lawmakers opposed the Joint Comprehensive Plan of Action (JCPOA) that President Hassan Rouhani's government agreed with the six powers on July 14, and the vote -- which followed a bad-tempered, rowdy debate on Sunday -- lifts a significant hurdle to putting the deal into effect. With strong parliamentary backing, the bill is likely to be ratified by a clerical body called the Guardian Council.