Barclays says Staley intends to contest the findings of the investigation and says he did not see 'or was aware of, any of Mr Epstein's alleged crimes.'
It is unclear what the findings of the report will ultimately reveal. In a joint statement, the FCA and the Prudential Regulation Authority said they"do not comment on ongoing investigations or regulatory proceedings beyond confirming the regulatory actions as detailed in the firm's announcement."
Staley admitted he remained in contact for years after Epstein was convicted of child sex offenses in 2008 and visited him on his infamous private Caribbean island in the U.S. Virgin Islands, Little St. James, in 2015, reportedStaley said his relationship with Epstein began in 2000 while he was working at JP Morgan, where the billionaire was a client.
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Barclays CEO Staley leaves due to findings of Epstein probeBarclays said on Monday that chief executive Jes Staley is to stand down following British regulators' investigations into his dealings with Jeffrey Epstein.
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Barclays CEO Jes Staley Steps Down Amid Pressure Over Epstein TiesJes Staley stepped down as chief executive of Barclays under pressure from regulators about how he characterized his relationship with convicted sex offender and financier Jeffrey Epstein.
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Barclays Chief Executive Jes Staley Steps Down Over Epstein InvestigationI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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Barclays CEO Jes Staley quits after investigation into links with Jeffrey EpsteinThe American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following an investigation by British regulators into his relationship with disgraced financier Jeffrey Epstein, the bank said on Monday.
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Barclays CEO Jes Staley quits after investigation into links with Jeffrey EpsteinThe American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following an investigation by British regulators into his relationship with disgraced financier Jeffrey Epstein, the bank said on Monday.
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Barclays CEO Staley leaves due to findings of Epstein probeBarclays said on Monday that chief executive Jes Staley is to stand down following British regulators' investigations into his dealings with Jeffrey Epstein.
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