Former Barclays CEO Staley fined and banned over misleading regulators about Epstein ties

Staley was fined £1.8 million and banned from senior UK finance roles for misleading regulators about his relationship with Jeffrey Epstein.
Despite claiming not to be close, Staley described Epstein as a "deep" and "cherished" friend in emails.
Staley approved letters to regulators containing misleading statements about his Epstein relationship.
Regulators accuse Staley of poor judgement in misleading them and the Barclays board.
Staley resigned as Barclays CEO in 2021 and has appealed the regulator's decision.