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Jes Staley: account of relationship with Epstein comes under scrutiny
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When it was revealed last year that Jes Staley had sailed his luxury yacht to a meeting with the convicted sex offender Jeffrey Epstein on his private Caribbean island, the Barclays boss told colleagues he was “going nowhere”.
But on Monday Staley resigned as chief executive of Barclays after the board said it had been made aware of the preliminary conclusions of an investigation by City regulators into how he had characterised his relationship with Epstein to Barclays. Staley intends to contest the report’s findings.
Staley’s relationship with Epstein – who died by suicide in 2019 while awaiting trial on charges of sex-trafficking underage girls – had dragged Barclays into a reputational crisis that one of its largest investors said led to
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