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...The UK’s top financial regulator has moved to ban former Barclays boss Jes Staley from senior roles in the financial services industry....
...A ‘profound’ friendship, in Staley’s own words “I owe you much. And I deeply appreciate our friendship. I have few so profound,” Staley told Epstein in 2009....
...Staley is long gone from Barclays. Doubts over its balance of risks and rewards linger on....
...The FCA cited this email as evidence that Staley had misled Barclays’ board into writing a letter that “claimed that Mr Staley did not have a close relationship with Mr Epstein”....
...The cases have also attracted scrutiny for Staley, the former chief executive of Barclays who previously became acquainted with Epstein as a senior private banker at JPMorgan....
...Barclays shares closed at 147 pence on Friday, down from the 158p when Staley delivered his strategy update....
...Terms of the settlement with Staley were not disclosed....
...It separately claimed Staley and Epstein met in many of Epstein’s properties....
...Staley’s lawyers did not respond to an FT request for comment, but Staley has previously denied any wrongdoing. The terms of the settlement with Staley were not disclosed....
...“They had several months of discovery to look into Mr Staley’s emails… to bring their best shot,” Staley’s lawyer Stephen Wohlgemuth told a New York federal court on Friday, in an attempt to get the case...
...Read more on Jes Staley here...
...The haunting of Jes Staley It has been nearly two years since Jes Staley stepped down as chief executive of Barclays following a regulatory investigation into the way he described his relationship with...
...The Epstein accuser also alleged she was raped by Staley, and that Staley witnessed her being abused — claims Staley has strongly denied....
...“They had several months of discovery to look into Mr Staley’s emails . . . to bring their best shot,” Staley’s lawyer Stephen Wohlgemuth told a New York federal court on Friday, in an attempt to get the...
...Staley has sought to dismiss the lawsuit....
...Dimon will be interrogated for five hours by counsel for the Epstein victim and the US Virgin Islands, after which Staley’s team will have two hours to question him....
...Staley and other senior executives visited Epstein’s homes in New York and the USVI....
...It is attempting to claw back tens of millions of dollars of Staley’s pay....
...Staley’s lawyer last week described the allegations against him as “baseless, but serious”, while JPMorgan has said the claims against the bank are “meritless”....
...Mentioned in this podcast: FTC lawsuit accuses Amazon of wielding monopoly power over online retail JPMorgan settles Jeffrey Epstein lawsuits with US Virgin Islands and Jes Staley Lawmakers warn that...
...“The decision to support Staley in the period between the death of Epstein and Staley’s resignation will draw scrutiny,” ISS said in a report on Monday....
...Staley has called the allegations “slanderous” and “baseless”....
...The focus has turned on Jes Staley, a longtime JPMorgan executive who later served as chief executive of Barclays. Staley was personally close to Epstein, according to messages and documents....
...Lawyers for Staley did not immediately return a request for comment....
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