Jes Staley
American banker, chief executive officer of Barclays
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-06-26 20:40
Jes Staley banned from finance over Epstein ties - Jes Staley, former CEO of Barclays, was fined by the FCA for misleading them regarding his ties to Jeffrey Epstein.
- The Upper Tribunal ruled that he maintained a closer relationship with Epstein than he claimed, despite his assertion to the contrary.
- Follow-up actions included a ban on Staley from senior financial roles and forfeiture of multimillion-pound bonuses, highlighting the FCA's commitment to integrity in finance.
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politics 2025-04-04 16:00
Jes Staley misled regulators about ties to Jeffrey Epstein - Jes Staley was fined over £1.8 million and banned from senior roles for misleading the FCA about his relationship with Jeffrey Epstein.
- The FCA found Staley's statements to be factually misleading, claiming he acted recklessly to protect his reputation.
- The tribunal is currently evaluating the case with implications for Staley's career and regulatory practices.
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