Barclays surprises City as Epstein probe sinks chief executive Staley
Evening Standard|November 01, 2021
BARCLAYS shocked the City today by revealing that chief executive Jes Staley will quit following a probe into the nature of his relationship with Jeffrey Epstein, the American financier and convicted sex offender.
Simon English

The Financial Conduct Authority (FCA) has been investigating Staley over this matter for two years. The bank and Staley were told on Friday evening about the preliminary findings — which he intends to challenge. Barclays shares took a hit, down 4p to 198p.

Staley had business dealings with Epstein while at JP Morgan in New York. Perhaps crucially, at least one meeting occurred after Epstein already had a conviction. He stayed in touch with Epstein for seven years after the financier had been convicted of soliciting prostitution from a minor in 2008.

Epstein committed suicide in August 2019 while in prison. The investigation focused on “Staley’s characterisation to Barclays of his relationship with the late Mr Jeffrey Epstein and the subsequent description of that relationship in Barclays’ response to the FCA”.

Continue reading your story on the app

Continue reading your story in the newspaper

MORE STORIES FROM EVENING STANDARDView All

How a man on a mission came crashing down in tide of scandal

THE fate of the man once styled as the “Playboy Prince” was sealed the moment a US judge ruled he must face a civil trial over sex abuse allegations.

1 min read
Evening Standard
January 14, 2022

Djokovic stripped of visa and again faces deportation from Australia

NOVAK DJOKOVIC is facing deportation from Australia to avoid “exciting” the country’s anti-vaccination activists, a court has heard.

2 mins read
Evening Standard
January 14, 2022

DERBY IN DOUBT AFTER ARSENAL CUP EXERTIONS

ARTETA FACES HAVING JUST 12 FIT OUTFIELD PLAYERS AS PROBLEMS WORSEN FOLLOWING GOALLESS CUP TIE

3 mins read
Evening Standard
January 14, 2022

Charles and William teamed up to strip Andrew of titles

PRINCE Charles and Prince William advised the Queen they both believed Andrew’s role in the royal family had become untenable ahead of her decision to strip him of his military titles, patronages and use of “His Royal Highness”.

3 mins read
Evening Standard
January 14, 2022

Focus on Raducanu as she seeks return to winning ways

NIKE released a new advert last night featuring Emma Raducanu.

2 mins read
Evening Standard
January 14, 2022

Christensen out with Covid to further damage Blues' hopes

CHELSEA have suffered a late blow ahead of their crunch clash with Manchester City after Andreas Christensen tested positive for Covid.

2 mins read
Evening Standard
January 14, 2022

BORIS HIT BY NEW PARTY STORM AS DOUBTS GROW OVER HIS FUTURE

ANGER AFTER DRINKS ON EVE OF PHILIP FUNERAL HIS FUTURE

4 mins read
Evening Standard
January 14, 2022

YOU'RE STILL ON NOTICE, BORIS WARNED

TORIES TELL PM HIS FUTURE HINGES ON REPORT AS 1922 MEMBERS ‘SIGN LETTERS’

3 mins read
Evening Standard
January 13, 2022

The end is nigh... so England must go out on a high

AN Ashes tour that looked, at one time, like it may never start turned into one that felt like it might never end.

3 mins read
Evening Standard
January 13, 2022

Cup crusade saving Tuchel from scrutiny over faltering title bid

THERE is unlikely to be a Premier League title for Chelsea this season, but a third major cup final in 12 months will do for now.

3 mins read
Evening Standard
January 13, 2022
RELATED STORIES

CLINTON & EPSTEIN'S SECRET WHITE HOUSE HUDDLES EXPOSED!

Perv’s 17 visits with the prez were buried deep

4 mins read
Globe
January 10, 2022

Epstein Madam CAUGHT ON CAMERA!

Scandalous photos & witness testimony nail Maxwell to wall

4 mins read
National Enquirer
December 27, 2021

KINKY MAXWELL STOLE MY INNOCENCE!

Accuser tells jury about threesome with perv Epstein

2 mins read
National Enquirer
December 20, 2021

NO ESCAPE FOR EPSTEIN MADAM!

Former child slaves deliver their verdict: Maxwell's GUILTY!

3 mins read
Globe
November 29, 2021

GATES TRAPPED IN NEW SEX SCANDAL!

Shocking slowdown as daughter ties the knot | Billionaire horndog’s email trail | The Epstein curse that won’t go away

3 mins read
National Enquirer
November 08, 2021

PRINCE ANDREW'S EPSTEIN NIGHTMARE

Sordid sex scandal & secret arms deals make rogue royal blackmail target

3 mins read
National Enquirer
October 18, 2021

ARROGANT ANDREW: I'M UNTOUCHABLE!

Claims immunity from rape charges filed by Epstein’s teenage sex slave

3 mins read
Globe
October 04, 2021

GHISLAINE MAXWELL'S PHOTO NIGHTMARE!

Shocking evidence she doesn't want sex crime jury to see

3 mins read
Globe
May 10, 2021

HOW TO COMBAT SOCIAL ISOLATION

Even before COVID-19 limited social contact with friends, family and colleagues, many adults experienced loneliness and depression due to limited contact with others. Now, a year after the pandemic forced many people into even greater levels of isolation, the issue of social isolation is especially prevalent in Americans over the age of 50.

2 mins read
The Boss Mann
April 2021

GHISLAINE MAXWELL'S TWISTED LIFE EXPOSED!

Unsealed testimony details horrors on Epstein Isle of Sin

3 mins read
Globe
March 08, 2021