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Jes Staley: why did the FCA investigate and are its findings public?
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Jes Staley, Barclays’ chief executive for the past six years, is stepping down after City regulators shared with him and the bank preliminary findings of an investigation over how he described his links to the sex offender and disgraced financier Jeffrey Epstein.
However, Staley plans to challenge the Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) over their conclusions, meaning it could take much longer before the findings are released to the public.
We take a closer look at what we know about the case and its consequences so far.
According to Barclays, the investigation focused on the way Staley characterised his relationship with Epstein to Barclays, and how Barclays subsequently described
Read more on theguardian.comAbout this in other media
Jes Staley reportedly exchanged 1,200 emails with Jeffrey Epstein in four years theguardian.com /3 years ago
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Did conflicting reports about Evergrande defaulting cause Bitcoin to tank? cointelegraph.com /3 years ago
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