Particle.news
Download on the App Store
8 ARTICLES
·
last mo.

Former Barclays CEO Jes Staley Faces Scrutiny Over Ties to Jeffrey Epstein

Staley admitted in court to a sexual encounter with an Epstein staff member and is appealing a financial services ban over alleged misleading statements about his relationship with Epstein.

Former Barclays CEO Jes Staley walks near the court on the day Governor of the Bank of England Andrew Bailey gives evidence at London's Upper Tribunal in Staley's appeal against a proposed financial services ban over his relationship with disgraced financier Jeffrey Epstein, in London, Britain, March 7, 2025. REUTERS/Toby Melville/File Photo
James Staley, Chief Executive Officer,Investment Bank J.P. Morgan speaks at the Robin Hood Veterans Summit at Intrepid Sea-Air-Space Museum on May 7, 2012 in New York City.
Jes Staley, the former CEO of British multinational bank Barclays PLC returns from lunch during his case at the High Court (Rolls Building) on March 7, 2025 in London, England.
Image

Overview

  • Jes Staley, ex-CEO of Barclays and former JPMorgan executive, admitted in court to a consensual sexual encounter with a member of Jeffrey Epstein's staff at an apartment owned by Epstein's brother.
  • The UK's Financial Conduct Authority (FCA) seeks to impose a lifetime ban on Staley and a £1.8 million fine for allegedly misleading them about the depth of his ties to Epstein.
  • Evidence presented includes over 1,000 emails between Staley and Epstein, with references to their relationship as 'profound' and Epstein being described as 'family.'
  • Staley contests the FCA's claims, maintaining that his relationship with Epstein was professional and that he was unaware of Epstein's criminal activities.
  • The court also heard that Epstein had described Staley as 'like family' in communications with Prince Andrew and others, further highlighting their close association.