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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Barclays chair told FCA Staley ‘had no particular relationship’ with Epstein, court hears

Barclays Jes Staley FCA Jeffrey Epstein Nigel Higgins Jonathan Davidson
The former Barclays chief executive Jes Staley.
The former Barclays chief executive Jes Staley. Photograph: Isabel Infantes/Reuters

The Barclays chair Nigel Higgins’s assurances that Jes Staley had “no particular relationship” with Jeffrey Epstein, days after the child sex offender’s death in 2019, convinced the City regulator that there was no reason to investigate the bank’s chief executive, a court has heard.

Jonathan Davidson, a former director of the Financial Conduct Authority (FCA), made the comments during a hearing of Staley’s legal challenge against the UK regulator on Wednesday.

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