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

Barclays says Epstein allegations against ex-boss Jes Staley ‘serious and new’

Jes Staley
Former Barclays boss Jes Staley in 2018. He resigned in 2021 amid an investigation into his relationship with Epstein. Photograph: Peter Nicholls/Reuters

Barclays has said allegations that its former chief executive Jes Staley was aware of sex trafficking operations run by the late billionaire Jeffrey Epstein were “serious and new”, as it further distanced itself from its ex-boss.

It is the most substantial comment made by Barclays since Staley resigned in November 2021 after a UK regulatory investigation into his relationship with the convicted sex offender, who was one of Staley’s clients when he worked at JP Morgan years earlier.

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