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The Guardian - UK
The Guardian - UK
Business
Rupert Neate

Barclays ‘should face questions over former chief and Epstein’

Jes Staley
Jes Staley quit Barclays in November 2021 after a preliminary report by regulators suggested he had mischaracterised his relationship with Jeffrey Epstein. Photograph: Tolga Akmen/AFP/Getty Images

The Barclays board should face questions about its decision to back former boss Jes Staley despite his connections with the convicted sex offender Jeffrey Epstein, a leading corporate governance service has said.

Institutional Shareholder Services (ISS) told investors in Barclays that questions “can be posed now” about the board’s judgment in continuing to support Staley between 2019 and 2021 when he was subject of regulatory investigations into the nature of his relationship with the disgraced financier.

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