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The Independent UK

National

Via AP news wire

Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements

Barclays Jes Staley Barclay Jeffrey Epstein FCA

2019 Invision

Britain's financial regulator said Thursday that it fined Barclay's former chief executive Jes Staley 1.8 million pounds ($2.2 million) and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein.

The Financial Conduct Authority said in a statement that Staley, a U.S. citizen, had “recklessly approved” a letter sent by Barclays to the FCA, which claimed the bank’s former boss did not have a close relationship with Epstein.

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One subscription that gives you access to news from hundreds of sites

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