June 17, 2024

AndronETalksNews

AndronETalksNews

Barclays CEO Jes Staley quits after investigation into links with Jeffrey Epstein

CNN

Updated 9:29 AM ET, Mon November 1, 2021

London (CNN Business) The American chief executive of Barclays (BCS), Jes Staley, is stepping down with immediate effect following an investigation by British regulators into his relationship with disgraced financier Jeffrey Epstein, the bank said on Monday.

The investigation by the Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) was disclosed by Barclays in early 2020 and focused on how Staley had characterized the relationship to his employer.

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