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.
- 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.