The CEO of the British banking giant, who took over a year ago, will begin treatment for cancer but will not step down from his role, the company said.

BRITAIN-POLITICS-ECONOMY-BANKING

The Chief Executive Officer of the company arrived at the Treasury office.

AFP via Getty Images

There is a form of cancer that begins in the lymphatic system.

Doctors say the cancer is likely to be cured with treatment expected to last 12 to 16 weeks.

He said in the note that he will have to work from home but will not travel.

Forbes had a request for comment fromBarclays.

The former chief executive of the bank stepped down due to his ties to a disgraced financier. Since 2015, he has been the company's leader. He was the chief risk officer, head of global markets, and copresident of the largest entity of the firm before he became the new leader.

Big Number

$30.2 billion is the total amount of money. That's how much revenue the bank reported during the fiscal year that ended in June.

In the past, the boss of a major bank has received cancer treatment. Jamie Dimon, the CEO of JP Morgan Chase, was cancer-free after undergoing treatment for throat cancer.

The chief executive of a major bank is stepping down over an investigation.