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

Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

Jes Staley
The ex-Barclays CEO Jes Staley leaves court after the first day of his appeal against the FCA’s proposed fine and ban from senior roles in financial services. Photograph: Isabel Infantes/Reuters

Jeffrey Epstein deployed a consultant to push for Jes Staley to become Barclays’ chief executive in 2012, a court was told on Tuesday, with the ultimately failed campaign – called “Project Jes” – having planned to target high-profile figures including the then chancellor, George Osborne, and the then Bank of England governor, Mervyn King.

The campaign’s efforts were detailed as part of a landmark legal case launched by Staley against the UK regulator the Financial Conduct Authority (FCA). Staley is trying to overturn its 2023 decision to ban him from taking senior roles in the UK’s financial sector for having allegedly misled the regulator over the depth of his relationship with the convicted sex offender Epstein.

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