Shock as £4m-a-year Barclays chief resigns over links to Jeffrey Epstein
Evening Standard|November 01, 2021
£2.5m deal for boss who visited Epstein after his sex conviction
Jonathan Prynn

THE £4 million-a-year boss of Barclays quit today over his links with disgraced financier and convicted sex offender Jeffrey Epstein.

Jes Staley stepped down from one of the most powerful jobs in the City after he and the bank were told on Friday of the “preliminary conclusions” of an investigation by regulators. Officials at the Financial Conduct Authority and the Prudential Regulation Authority — part of the Bank of England — launched a probe in December 2019 after emails between the two men were handed to them by US counterparts.

In a statement today, Barclays said: “In view of those conclusions, and Mr Staley’s intention to contest them, the board and Mr Staley have agreed that he will step down from his role as group chief executive and as a director of Barclays.”

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

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

Lego a better investment than gold, study reveals

Investing in collectable toys such as Lego could be more lucrative than pouring money into gold, according to a study.

1 min read
The Independent
December 11, 2021

EU fines Barclays, HSBC, Credit Suisse for forex cartel

EU antitrust regulators on Thursday fined Barclays, Credit Suisse, HSBC, and NatWest €344 million ($390 million) for foreign exchange market rigging, closing a key chapter in a high-profile investigation.

1 min read
Business Standard
December 03, 2021

Call for calm as Rittenhouse acquittal divides US society

Officials across the US and the families of victims yesterday urged for calm as protests in several cities followed the polarising outcome in the murder trial of Kyle Rittenhouse.

3 mins read
The Independent
November 21, 2021

Barclays boss quits after probe into Epstein links

THE boss of Barclays will walk with a £2.4million pay-off after resigning over his links with paedophile billionaire Jeffrey Epstein.

1 min read
Daily Express
November 02, 2021

Singer Leslie Grace reveals how she found out she was ‘Batgirl'

Leslie Grace hopes young fans will be inspired by a Latina Batgirl and that her work validates the dreams of other people who look like her

2 mins read
Gulf Today
September 17, 2021

Biggest boom since World War II

Barclays’ boss says Britain will have a ‘spectacular’ post-lockdown recovery

3 mins read
Daily Record
May 01, 2021

THE ROAD TO GLORY

As we are now in a year ending in ‘One’ and look forward to celebrating a number of anniversaries of our previous trophy triumphs, in each matchday programme this season we’ll reflect on one game that we played along the road to glory in one of those successes.

3 mins read
Tottenham Hotspur Publications
Spurs v Wolfsberger

2020-2021 NBA SEASON DURANT: FREE ME

KD pulled out of Nets game due to COVID-19 protocols

2 mins read
Manila Bulletin
February 7, 2021

Palidez En La Inversión Privada

Calificadoras y bancos perciben falta de coherencia en las políticas públicas y en la visión de largo plazo, y los dueños del capital están siendo testigos de la reducción de las expectativas de crecimiento y de la falta de certidumbre económica. Los empresarios quieren garantías que les den seguridad.

9 mins read
Alto Nivel
Septiembre 2019