Home Business NewsBusinessBanking News Barclays boss faces probe over links to Jeffrey Epstein

Barclays boss faces probe over links to Jeffrey Epstein

by LLB Editor
13th Feb 20 10:52 am

Barclays chief Jes Staley has responded to news that UK regulators are probing his links with sex offender Jeffrey Epstein.

“Going all the way back to 2015 when I joined Barclays, I have been very transparent, and very open and willing to discuss the relationship that I had with him,” Mr Staley told Bloomberg.

The chief executive added that a previous review conducted by the Barclays found he had been transparent to the bank, and that the board had unanimously voted for him to be put up for re-election.

“There’s been obviously a lot of press but i’ve been very transparent with the bank all along and I think the bank has been very transparent to the FCA and we’ll just let the review by the FCA reach its conclusion,” he said.

The probe by the Financial Conduct Authority and Prudential Regulation Authority will focus on Mr Staley’s “characterisation to the company of his relationship” with Epstein.

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