Location
Barclays’ former CEO, Jes Staley, has been banned from holding senior positions in the UK after it was discovered that he mischaracterised his relationship with convicted sex offender Jeffrey Epstein. The Financial Conduct Authority (FCA) has also fined Staley £1.8m for his actions.
[block_2]
According to the regulator, Staley had claimed not to be close to Epstein, but emails suggested otherwise, indicating that he viewed Epstein as a “cherished” friend. Staley has expressed his intention to appeal the FCA’s decision.
